Brief: Century Ginwa Retail Updates On Closure Of Shaanxi Tangrenjie Store
31/01/2018 09:13
Jan 31 (Reuters) - Century Ginwa Retail Holdings Ltd
0162.HK :
* UPDATES ON CLOSURE OF SHAANXI TANGRENJIE STORE
* BOARD TAKES VIEW THAT CLOSURE OF STORE WOULD BETTER
OPTIMIZE
UTILIZATION OF GROUP'S RESOURCE
* BOARD DOES NOT EXPECT THAT CLOSURE OF STORE WOULD HAVE
MATERIAL
EFFECT ON OPERATION OF GROUP
* GROUP IS EXPECTED TO INCUR FURTHER LOSS OF ABOUT RMB19.0
MILLION
ON AN ANNUAL BASIS
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