2021年10月26日

Sweden’s H&M reported a loss in the first quarter of 2021

Stockholm, March 31 (Xinhua) Swedish fashion house Hennes Mauritz (H& M) reported a pretax loss of 1.39 billion Swedish crowns (8.74 to the dollar) in the first quarter of 2021.

For the fiscal first quarter of 2021, which ran from December to February, H& M Pre-tax loss totaling SEK 1.39 billion; It earned SEK 2.5 billion in the first quarter of 2020.

The company also reported net sales of SEK 40.06 billion in the first fiscal quarter of 2021, down about 27.1 percent year on year.

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