Kingmaker Expects Profits to Drop
The footwear maker’s net income attributable to shareholders is expected to come in lower at between HK$45 million and HK$55 million ($6.4 mm) for the fiscal year ended Mar. 31, against a profit of HK$88.1 million last year. Sales grew about 32% to HK$1,062 million ($135.3 mm) from HK$804.7 million boosted by a strong order book, but profits declined due to ... Log in to view full article.