FW FASHION INT (02528) issues a profit warning, expecting a mid-term net profit of no less than HKD 35 million.

FW FASHION INT (02528) announced that it expects the Group to achieve a net profit of no less than HKD 35 million for the six months ended June 30, 2026, compared to a net profit of HKD 7.03 million for the six months ended June 30, 2025. The Board believes that the improvement in the Group's performance is mainly attributed to a series of carefully considered measures taken during the period ending June 30, 2026. These measures include closing underperforming stores, stricter cost control, ongoing store renovations and upgrades, and enhanced operational efficiency measures. Although the retail environment in the Greater China region (including Mainland China, Hong Kong, Macau, and Taiwan) remains challenging, the Group has been closely monitoring market developments and adjusting its business strategies and operations accordingly.