Giordano’s revenue slide accelerates on weakness in Mainland China
Clothing retailer Giordano International Ltd. (0709.HK) on Thursday reported its revenue fell 8.3% year-on-year in the third quarter to HK$820 million ($105 million), accelerating from a 1% decline in the…
Gold revaluation turbocharges Chow Tai Fook’s first-half profit
Jewelry retailer Chow Tai Fook Jewellery Group Ltd. (1929.HK) announced on Thursday that it expects to report its net profit for the first half of its current fiscal year rose…
Bloks Group shares plunge after chairman sells down stake
Shares of toymaker Bloks Group Ltd. (0325.HK) plunged on Thursday after the company disclosed the company’s founder and Chairman Zhu Weisong sold off some of his stake. The company said…
Andre Juice’s profit plunges 40% in third quarter
Concentrated juice manufacturer Yantai North Andre Juice Co. Ltd. (2218.HK; 605198.SH) on Wednesday reported its revenue fell 23.6% year-over-year in the third quarter to 285 million yuan ($43 million). Its…
TCL Electronics posts revenue, profit growth in first three quarters
Display maker TCL Electronics Holdings Ltd. (1070.HK) said on Monday it expects to report revenue of HK$91 billion ($11.6 billion) to HK$97.7 billion for the first nine months of this…
Transsion stumbles out of the gate after weak pricing
Shenzhen Transsion Holdings Co. Ltd. (2636.HK; 688036.SH), sometimes called the “Mobile King of Africa,” sagged in its Hong Kong trading debut on Thursday, opening 1% lower and dropping during the…
Man Wah profit plunges on rising material costs
Furniture seller Man Wah Holdings Ltd. (1999.HK) said on Monday it expects to report a sharp drop in its profit for the six months through September, the first half of…