Giordano Int'l Ltd. issued a profit warning on July 18, 2024, with an expected net profit of HKD 0.11 billion to HKD 0.13 billion for the six-month period ending on June 30, 2024, a significant decrease compared to the same period last year. The reasons for the decrease include one-time expenses, reduced profit from the joint venture in South Korea, negative growth in sales of comparable stores in mainland China, and weakened business in Hong Kong. The company is implementing strategies to promote revenue growth and enhance profitability. The warning is based on a preliminary assessment and is subject to adjustment, and the company will announce its interim performance in August 2024.

Giordano Int'l Ltd. issued a profit warning on July 18, 2024, with an expected net profit of HKD 0.11 billion to HKD 0.13 billion for the six-month period ending on June 30, 2024, a significant decrease compared to the same period last year. The reasons for the decrease include one-time expenses, reduced profit from the joint venture in South Korea, negative growth in sales of comparable stores in mainland China, and weakened business in Hong Kong. The company is implementing strategies to promote revenue growth and enhance profitability. The warning is based on a preliminary assessment and is subject to adjustment, and the company will announce its interim performance in August 2024.