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STOCKS | Hypebeast Expects FY Pretax Profit of at Least $13 Million, Swings From Loss

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2026-06-11 14:38:01
Hypebeast (0150) issued a profit alert, expecting to swing to profit for the year ended March 31 with pretax profit of no less than $13 million. according to Ming Pao, it posted a pretax loss of $22.3 million a year earlier.

The company attributed the turnaround mainly to lower sales and marketing expenses and reduced administrative and operating expenses, citing ongoing efficiency improvements and strict cost controls.
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