GOLDLION HOLD released its interim results, reporting a loss attributable to shareholders of HKD 3.96 million, turning from profit to loss year-on-year
GOLDLION HOLD released its interim results for the period ending June 30, 2025, with a turnover of HKD 487 million, a year-on-year decrease of 19.25%. The loss attributable to shareholders was HKD 3.96 million, compared to a profit of HKD 58.233 million in the same period last year, resulting in a basic loss per share of HKD 0.41. A proposed interim dividend of HKD 0.01 per share is to be distributed. The wholesale business saw a significant decline in sales due to an unclear market outlook, with wholesale sales in RMB terms dropping by 50%
According to the Zhitong Finance APP, GOLDLION HOLD (00533) announced its interim results for the six months ending June 30, 2025, reporting a revenue of HKD 487 million, a year-on-year decrease of 19.25%; the loss attributable to shareholders was HKD 3.96 million, compared to a profit of HKD 58.233 million in the same period last year; the basic loss per share was HKD 0.41. A mid-term dividend of HKD 0.01 per share is proposed.
The announcement stated that the wholesale business was originally the core sales channel for the group's domestic apparel, but due to agents' continued caution about market prospects, the order volume for the spring and summer season of 2025 decreased. Additionally, some agents terminated their agency operations and required additional return allowances, resulting in a 50% decline in wholesale sales in RMB during the period, with the sales of this business accounting for approximately 20% of the group's domestic apparel sales
