eSun Holdings, Subsidiary of Lai Sun Garment, Expects Over 95% Reduction in Annual Loss
Reuters
Oct 14
eSun Holdings, Subsidiary of Lai Sun Garment, Expects Over 95% Reduction in Annual Loss
Lai Sun Garment (International) Limited announced that its subsidiary, Lai Sun Development Company Limited, which holds a 63.40% stake in eSun Holdings Limited, has reported a significant reduction in losses for the year ended 31 July 2025. The consolidated loss attributable to owners of eSun is expected to decrease by not less than 95% compared to the previous year, mainly due to the reversal of impairment losses, reduced depreciation, and gains from lease modifications.
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