HK Stock Market Move | GIORDANO INT'L (00709) rises more than 3% in the afternoon, with a year-on-year increase in net profit of 0.46%. Dividend at the end of the period increased to 6.4 Hong Kong cents.
Giordano International (00709) rose more than 3% in the afternoon, up 3.47% to HK$1.49 as of press time, with a turnover of HK$2.4112 million.
Giordano International (00709) rose more than 3% in the afternoon, rising 3.47% to HK$1.49 at the time of writing, with a turnover of HK$2.4112 million.
On the news front, Giordano International released its 2025 annual performance at midday, with group revenue of HK$3.854 billion, a year-on-year decrease of 1.66%; attributable profit to shareholders was HK$217 million, a year-on-year increase of 0.46%; the board of directors proposed to distribute a final dividend of HK$0.064 per share, compared to HK$0.060 per share in the same period last year. If approved, the total amount of the final dividend will be approximately HK$103 million, with a dividend payout ratio of 108.5%.
The e-commerce platform achieved double-digit growth in the current year, reaching 10%. E-commerce revenue in mainland China increased by 9.1% year-on-year, outpacing offline sales. In other markets, the e-commerce platform performed even stronger, with sales increasing by 13.5% year-on-year; excluding the impact of the non- Giordano brand in Indonesia, the growth rate reached 25.3%. In addition, online business in Hong Kong and Macau rebounded strongly in the second half of the year, with online sales increasing by 18.2% year-on-year for the whole year. E-commerce revenue in Southeast Asia and Australia (excluding Indonesia) saw a significant year-on-year increase of 45%.
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