FW FASHION INT announced a profit warning, expecting a mid-term net profit of no less than HKD 7 million, turning a loss into a profit year-on-year

Zhitong
2025.08.21 13:04
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FW FASHION INT expects a net profit of no less than HKD 7 million for the six months ending June 30, 2025, achieving a turnaround from a net loss of approximately HKD 54.7 million in the same period last year. The board pointed out that the improvement in financial performance is mainly due to the closure of underperforming stores and strict cost control. Despite the challenges in the retail industry, the group will continue to monitor market trends and adjust its business strategies