Sales and turnover down for HK-listed leather and lu - leatherbiz: Lea Leatherbiz

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Sales and turnover down for HK-listed leather and luxury goods retailer

28/05/2001

Hong Kong-listed EganaGoldpfeil (Holdings) Ltd last year earned net profits of HK$110.4m - down 28.1 per cent on the year before. Turnover was also down 3.4% to HK$2.45 billion.

24% of the company’s turnover was derived from the sale of leather goods, 46% from watches and 27% from jewellery. 70% of turnover came from European sales, 23% from Asian sales and 7% from European sales.

Despite the lower figures, EganaGoldpfeil says it intends to press ahead with the purchase of retail outlets in the US over the coming 12 months.



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