Pou Sheng International (03813) said it expects to record a consolidated net profit for the nine months ended 30 September 2014 as compared to a consolidated net loss of about US$23.6 million for the corresponding period in 2013.
Such expected profit is mainly attributable to improvement in the sales performance of footwear and apparel products and increase in operating efficiency of the Group as compared with the corresponding period in 2013; and decrease in net finance costs and impairment losses on certain assets for the Group during the period.
Its third quarterly results announcement is expected to be released in mid-November.
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