hypebeast (00150) released its interim results for the six months ending September 30, 2024...
Zhixin Finance APP News, hypebeast (00150) released its interim results for the six months ending September 30, 2024. The group achieved revenue of 0.36 billion Hong Kong dollars, a decrease of 18.07% year-on-year; profit in the period was 20.235 million Hong Kong dollars, compared to a loss of 9.983 million Hong Kong dollars in the same period last year; basic loss per share was 0.99 Hong Kong cents, proposing to distribute an interim dividend of 0.00179 Hong Kong dollars per share.
The net profit for the first half of the 2025 fiscal year was 20.2 million Hong Kong dollars, while in the first half of the 2024 fiscal year it was a net loss of 10 million Hong Kong dollars, mainly due to the group implementing cost efficiency measures to improve gross margin and profitability.