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1388 — Embry Holdings News Story

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Brief: Embry Sees Loss Attributable Of Around HK$50 Million For FY2022

Jan 31 (Reuters) - Embry Holdings Ltd  1388.HK :
    * SEES LOSS ATTRIBUTABLE TO OWNERS OF COMPANY OF AROUND
HK$50
MILLION FOR FY2022
    * OVERALL SALES OF GROUP DURING Q4 DECREASED BY
APPROXIMATELY 32%
VERSUS PCP
    * GROUP WILL CONTINUE TO ADJUST NUMBER OF RETAIL OUTLETS
DURING
2023 TO ENHANCE OVERALL OPERATIONAL EFFICIENCY
    * Q4 NUMBER OF RETAIL OUTLETS NET DECREASED BY 167 AS
COMPARED TO
END OF DECEMBER LAST YEAR
    * Q4 SAME STORE SALES RECORDED DOUBLE-DIGIT DECREASE
YEAR-ON-YEAR

Further company coverage:  1388.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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