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Mixed fortunes for Lai Sun group

Lai Sun Development has narrowed its net loss to HK$1.13 billion in the half to January 31 from HK$1.34 billion before. However, parent Lai Sun Garment (International) widened its half loss to HK$633.92 million from HK$515.75 million previously. China property arm Lai Fung Holdings was also in the red with a net loss of HK$39.21 million from a profit of HK$4.12 million. Crocodile Garments returned to the black with a net profit of HK$10.69 million - against a previous loss of HK$13.81 million. ESun Holdings, the technology flagship controlled by Lai Sun Garment chairman Lim Por-yen, narrowed its net loss to HK$305.65 million in the year to December 31 from HK$884.75 million.

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