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Article Date: November 2023
Word Count: 182

Eagle Nice Profits Slip in H1

Net income attributable to shareholders inched down 4% to HKD 229,225,000 ($29.3 mm) from HKD 239,111,000 in the fiscal first half ended Sep. 30, as revenues were 1% lower to HKD 2,521,917,000 ($322.5 mm) from HKD 2,547,555,000, as the global economy suffers high interest rates. The athletic apparel manufacturer’s sales to the U.S. declined 28% to HKD 413.6 million ($52.9 mm), and Europe was down 27% to HKD 335.3 mm. China, Eagle Nice’s ... Log in to view full article.


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