Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lai Sun Garment (International) ( (HK:0191) ) just unveiled an update.
Lai Sun Garment (International) Limited announced a significant reduction in losses for its subsidiary, eSun Holdings Limited, for the fiscal year ending July 31, 2025. The expected decrease in consolidated loss, by over 95% compared to the previous year, is attributed to the reversal of impairment losses on assets, reduced depreciation, and gains from lease modifications. This development could positively impact the company’s financial health and market positioning, signaling improved operational efficiency and successful cost management strategies.
More about Lai Sun Garment (International)
Lai Sun Garment (International) Limited operates in the garment and property development industries, with a focus on investments and management of real estate properties. It holds a significant stake in Lai Sun Development Company Limited, which in turn owns a majority share in eSun Holdings Limited, a company listed on the Hong Kong Stock Exchange.
Average Trading Volume: 149,677
Current Market Cap: HK$538.9M
For a thorough assessment of 0191 stock, go to TipRanks’ Stock Analysis page.