Edition:
India

Esprit Holdings Ltd (0330.HK)

0330.HK on Hong Kong Stock

0.90HKD
12 Aug 2020
Change (% chg)

HK$-0.01 (-1.10%)
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Latest Key Developments (Source: Significant Developments)

Esprit Holdings Says Thomas Tang Wing Yung Will Step Down As Executive Director Of Co And Group CFO
Wednesday, 9 Oct 2019 

Oct 9 (Reuters) - Esprit Holdings Ltd <0330.HK>::THOMAS TANG WING YUNG WILL STEP DOWN AS EXECUTIVE DIRECTOR OF COMPANY AND GROUP CHIEF FINANCIAL OFFICER.JOHANNES GEORG SCHMIDT-SCHULTES WILL BE APPOINTED AS EXECUTIVE DIRECTOR OF COMPANY AND GROUP CHIEF FINANCIAL OFFICER.  Full Article

Esprit Holdings Says HY Loss Attributable HK$1,773 Million
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Esprit Holdings Ltd <0330.HK>::HY REVENUE HK$6,766 MILLION VERSUS HK$8,039 MILLION.HY LOSS ATTRIBUTABLE HK$1,773 MILLION VERSUS LOSS OF HK$954 MILLION.EXPECTS REVENUE TO INCREASE AT COMPOUND ANNUAL GROWTH RATE OF MID-TO-HIGH SINGLE-DIGIT PERCENT IN LOCAL CURRENCY TERMS BETWEEN FY19/20 & FY23/24.GROUP IS ON TRACK TO ACHIEVE TARGET FOR REDUCTION OF NON-STORE EMPLOYEES BY ABOUT 35% TO 40%.GROUP EXPECTS TO ACHIEVE BREAKEVEN IN TWO TO THREE YEARS' TIME.GROUP PLANS TO ACHIEVE FURTHER SAVINGS ON RENTAL COSTS BY MERGING FIVE OFFICES IN RATINGEN INTO ONE AND DOWNSIZING HK OFFICE.UNDERLYING OPERATING PROFIT MARGIN EXPECTED TO EXPAND GRADUALLY TO MID-SINGLE DIGIT PERCENTAGES BY FY22/23 IN LCY.BOARD MAINTAINS DIVIDEND PAYOUT RATIO OF 60% OF BASIC EARNINGS PER SHARE.A NEW STORE CONCEPT IS UNDER DEVELOPMENT AND ROLL-OUT WILL COMMENCE IN SECOND HALF OF 2019.  Full Article

BRIEF-Esprit Holdings Says Position Of European Companies In Group Has Further Deteriorated Significantly

* ESPRIT HOLDINGS LTD - POSITION OF EUROPEAN COMPANIES IN GROUP HAS FURTHER DETERIORATED SIGNIFICANTLY