联亚集团2025中期报告
Tristate Holdings Limited 2025 : 458 334567 1920222222222222 Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Peter TAN 6672 5(852) 2279-3888(852) 2480-4676http://www.tristateww.com Tristate Holdings Limited6672 5(852) 2279-3888(852) 2423-5576cosec@tristateww.com 19884581,000 Peter TAN Appleby Global Corporate Services (Bermuda) LimitedCanon's Court22 Victoria StreetPO Box HM 1179Hamilton HM EXBermuda 183171712 1716(852) 2862-8555(852) 2865-0990/2529-6087 Tristate Holdings Limited20256 302024 20256 30 20256 30 20256 30 20256 30 20256 30 20256 30 3. 1. Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10,Bermuda6672 5 •21 (i)(ii) 1988 20256 3020258 21 4. 34 2. 34 5. (i)(ii) 202420253 2024 202412 3120253 25 20256 30 5. (i)EBITDAEBITDA (ii) (iii)16 20256 30 5. 24,872,000202459,273,000 20256 30202410%13%13%202415%13% (i) (ii) 20256 30 6. 7. (i)20256 304,999,000 (ii)20246 3020,923,000 8. (i)20256 3016.5%202416.5% (ii) 11. 20256 301,675,000202462,532,000272,775,6842024271,776,561 20256 30 11. 20256 301,675,000275,577,537 12. (a) 20258 2120256 3020240.0616,356,000 (b) 20256 3042,192,00020246 3045,261,00020256 301,472,00020246 304,009,0001,205,00020246 3019,465,000 (b) 202412 310.17202562420256 3046,491,00020257 17202420256 30 14. 13. (a) 20256 3030,160,000202463054,300,00049,868,000202463021,182,000 20256 30 14. (i) 202412 3110MASSIMO OSTI20242024 (ii) C.P. Company 15. 4590202412314590 20256 30 16. 19.(a) 20256 30202412 31 (b) 20256 3027,456,000202412 3121,996,000 20. 20256 30 21. 20256 3012,033,000202412 3110,636,000 18. 22. 60 20256 3020254 245,139,583.5020254 2 20256 30 23. 24. (a) 13 (i)20251TDB Company LimitedTDB320,000TDB20253 3120254 1 20256 3020241231 2025630202412 31 (ii)TDB 20256 30202412 3120256 305.27%6.69%2024 12 315.73%6.90% (b) 20256 30202412 31 20256 30 Nautica20258%Spyder2025202426%NauticaSpyderNauticaSpyder 202520256 30Nautica70542024123114320256 30Spyder43202412 3148 20256 3020020246 306,30020242,1002025 Reebok2025Reebok202421%ReebokReebok20252024ReebokReebok 2025C.P. Company1%4%20256 30 20256 30Cissonne 1.NauticaSpyder Reebok MASSIMO OSTI 2.16 202516.76202419.26202413% 20258.8020249.538%C.P. Company1%20258%26% 7.9620249.7424%64%202469%20244% 29%202430%20%202422%15%202415%11%202411% 20256.8720247.9541.0%202441.3%C.P. Company 20256 303.48202412314.67 20256 307,700202412 3120256 3020256 301,200202412 311,1002025630202412 31 20242,100 2024C.P. Company 2025 20256 30202412 31420256 242024 2024 C.P. Company 22202563020254 245,139,583.5020254 2 C.P. CompanyNauticaSpyderReebok 20256 30 2025 20256 306,220202412 316,530 2025C.P. Company C.P. Company NauticaSpyderReebok 20256 30571XV352C3 1.182,577,000New Perfect Global Limited 100%Silver Tree Holdings Inc.New Perfect Global Limited1 2.20256 30273,478,253 1.2,500 2.20256 3010,000,000 20256 30XV352 20256 30336 1.182,577,000New Perfect Global Limited 100%Silver Tree Holdings Inc.New Perfect Global LimitedSilver Tree Holdings Inc.New Perfect Global Limited182,577,000 182,577,000 3.20256 30273,478,253 20256 30336 201620166 62016202452 2016 1.25%(i)(ii)(iii)(iv) 2.2.50 3. 4.2.48 5.20256 24832,0002016(a)25%12(b)(c)25%1220162016 6.201620162016 7.20247120.763 2.4802.4929.270%65.270%2.069% 1,260 635,000 8.201618,052,72519,171,725 0.31% 10.20253 25201618,052,7256.62%201620253 2520168,114,00020253 25201626,166,7259.60%201619,171,7256,118,00025,289,7259.25% (ii)20257 17 20256 30C1C.2.1 202413.51B(1) C.2.120256 30C.2.11999 20256 3020240.06 20256 30 2024 20256 30 20258 21 20256 30 202413.51B(1) (i)20256 24
