BUZZ-HK-listed Samsonite hits 8-month low as Q4 profit attributable to shareholders falls** Samsonite International SA 1910.HK slips 11.1% to HK$14.83, lowest since July 2, 2025
** Stock set for biggest one-day pct decline since April 7, 2025
** Luggage maker's Q4 sales, gross profit up from a year ago, supported by stronger direct-to-consumer and non-travel sales
** But quarterly profit attributable to shareholders falls 11.6%
** Shareholders approve resolutions to pave way for U.S. dual listing as co seeks greater exposure to U.S. investors, improved share liquidity
** Timothy Charles Parker to retire as chairman, co says
** YTD, HK stock down 25.6%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.