Brief: Giordano International says FY net profit rose 2%

Giordano International

09/03/2017 04:21

March 9 (Reuters) - Giordano International Ltd  0709.HK : 
    * FY consolidated sales in 2016 were HK$5,145 million a 
decrease of 4% 
    * FY profit attributable to shareholders of company 
increased by 2% year-on-year to HK$434 million 
    * Board of directors has recommended payment of a final 
dividend of 15.0 HK cents per share 
    * Management's outlook on Mainland China continues to be 
cautiously optimistic 
    * "Our Hong Kong operations and management teams will strive 
to maintain momentum in rental savings" 
    * "Regional economic environments are not conducive to 
overall sales increases in medium term" 
 
Source text for Eikon:  ID:nHKS5MqRVc  
Further company coverage:  0709.HK  
 
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