HONG KONG: Esprit To Post Huge Rise In H1 Profit
Leading fashion retailer Esprit Holdings Ltd is expected to reveal a rise in fiscal first half earnings on Thursday, boosted by healthy European sales growth and a corporate tax cut in Germany. The Hong Kong-based company is forecast to post an average net profit of HK$363.9 million (US$46.7m) for the six months ended December 31, up 33.2 per cent from HK$273.2m in the year-ago period, according to four analysts polled by Reuters.
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