Author: denatritt58

HYPEBEAST LTD. (0150.HK) Sees Record Profitability Despite Covid-19 Challenges, Looks Ahead To Growth

The Board of Directors of Hypebeast Limited (Stock Code: 0150.HK) has announced the Group’s annual results for the year ended 31 March 2021 (“FY2021”). Revenue for the year totaled HK$674.2 million; notably, revenues from the fiscal second half (“2H2021”) were 36.2% higher than revenues recorded in the first half of the fiscal (“1H2021”), chiefly due to strength in recovery of the Media business heading out of the COVID-19 pandemic, both by way of volume of campaign execution and by way of increasing contract values. Media recovered steadily, with total signed contract value during FY2021 increasing by approximately 20% compared to ... Read more