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Article Date: June 2025
Word Count: 178

Eagle Nice Profits Slip, Despite Record Sales


Net income at the sports apparel maker declined 18% to HK$217,201,000 ($28.2 mm) in the fiscal year ended Mar. 31 from HK$263,510,000 prior, on revenues that improved 18% to a record high HK$4,807,899,000 ($624.4 mm) from HK$4,074,668,000. Increased financial costs incurred by two of its new Vietnam production facilities dinged the bottom line. U.S. revenues grew 35% to HK$985.4 million ($128.0 mm), while sales in Mainland China ticked up 6% to HK$2,471.3 million. Other geographies also improved, as Europe ... Log in to view full article.

 


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