Brief: Cafe De Coral Posts FY Profit Attributable Of HK$73.6 Mln

Cafe De Coral Holdings

15/06/2020 07:10

June 15 (Reuters) - Cafe De Coral Holdings Ltd  0341.HK :
    * DOES NOT RECOMMEND A FINAL DIVIDEND FOR YEAR
    * FY PROFIT ATTRIBUTABLE DECLINED 87.1% TO HK$73.6 MILLION
    * FY REVENUE AMOUNTED TO HK$7,963.1 MILLION, DOWN 6.2%
    * WORKING CLOSELY WITH LANDLORDS TO RESTRUCTURE LEASES WHILE
STRIVING FOR RENTAL CONCESSIONS
    * IN MAINLAND CHINA MARKET, ANTICIPATES ORDERLY RETURN TO
STRONG
NETWORK GROWTH ONCE PANDEMIC IS UNDER CONTROL
    * AS OF 31 MARCH, RECORDED NET CASH OF HK$345 MILLION, WITH
HK$786
MILLION IN AVAILABLE UNUTILISED BANKING FACILITIES

Source text for Eikon:  ID:nHKS3p8T7d 
Further company coverage:  0341.HK 

 ((Reuters.Briefs@thomsonreuters.com;))