FW FASHION INT (02528) Issues Profit Alert, Expects Interim Net Profit of At Least HK$7 Million, Turning from Loss to Profit Year-over-Year
Stock News
Aug 21, 2025
FW FASHION INT (02528) announced that the group expects to record a net profit of not less than HK$7 million for the six months ended June 30, 2025, compared to a net loss of approximately HK$54.7 million for the six months ended June 30, 2024.
The board of directors believes that the significant improvement in the group's financial performance is primarily attributable to the closure of underperforming stores and the implementation of strict cost control measures. The retail industry remains challenging, and the group has been closely monitoring market trends to adjust its business approach and operational activities accordingly. The group will continue to track market developments and adjust its strategies to adapt to the ever-changing economic conditions.
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