Net income attributable to shareholders fell 46% in the first half to HK$ 35,269,000 ($4.5 mm) from HK$ 65,075,000 on 12% lower revenues of HK$ 687,114,000 ($88.0 mm) down from HK$ 780,258,000. Headwear manufacturing segment sales ticked down 5% to HK$ 445.8 million, primarily driven by weak consumer confidence in Europe and the U.S., as well as major customers still working down bloated inventories. Manufacturing EBIT declined 28% to HK$ 93.2 million. Sales at Mainland’s trading business, which consists of H3 Sportgear, San Diego Hat Company and Aquarius Ltd. in the ... Log in to view full article.