By  on September 20, 2017

HONG KONG — Esprit Holdings expects to see a “modest decline” in revenue for the coming fiscal year, it said Wednesday, although it was able to book a profit for the year ended June 30 of $67 million Hong Kong dollars ($8.6 million).

That improved on the $21 million Hong Kong dollars it profited the same period a year ago. Revenue for the year amounted to $15.94 billion Hong Kong dollars, representing a year-over-year decline of 8.7 percent, in line with the corresponding year-over-year reduction in total controlled space of 8.5 percent.

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