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Article Date: November 2024
Word Count: 178

Eagle Nice Profits Slip in H1 on Higher Sales


Net income attributable to shareholders declined 20% to HKD 183,200,000 ($23.5 mm) from HKD 229,225,000 in the fiscal first half ended Sep. 30, despite revenues growing 18% to HKD 2,982,900,000 ($381.9 mm) from HKD 2,521,917,000. Sports and fashion heat from the Paris Olympics continues to drive demand for premium sportswear. The athletic apparel manufacturer’s sales to the U.S. improved 38% to HKD 570.6 million ($73.1 mm), and Europe was up 4% to HKD 348.0 million. China, Eagle Nice’s biggest market, ... Log in to view full article.

 


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