Tristate FY2025 EBITDA fell 36% to HKD 374 million, revenue dropped 13% to HKD 3.63 billion

Reuters

Mar 17

Tristate FY2025 EBITDA fell 36% to HKD 374 million, revenue dropped 13% to HKD 3.63 billion

Tristate published its annual results announcement for FY 2025, reporting revenue of HKD 3.63 billion, down 13%. Profit attributable to equity shareholders was HKD 125.08 million, down 20%, and basic earnings per share were HKD 0.46. Gross profit was HKD 1.43 billion, down 17%, and gross margin was 39.4%, down 1.6 percentage points. The brands business generated revenue of HKD 1.86 billion, down 8%, with management citing weaker retail conditions in China and declines in Nautica, Spyder and Reebok. Tristate said it recorded a one-off non-cash gain of HKD 123.2 million from the derecognition of the Reebok licence right and related licence fees payable following early termination of the licence agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tristate Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260317-12056302), on March 17, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tristate Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260317-12056302), on March 17, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1227","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260317:nNDL5WGLkt:1","article_id":"2620420087","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620420087","pubTimestamp":1773754744,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Tristate published its annual results announcement for FY 2025, reporting revenue of HKD 3.63 billion, down 13%. 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