Brief: Giordano International Says HY Profit After Income Taxes Attributable Down 36.6%

Giordano International

08/08/2019 07:54

Aug 8 (Reuters) - Giordano International Ltd  0709.HK :
    * HY PROFIT AFTER INCOME TAXES ATTRIBUTABLE HK$161 MILLION,
DOWN
36.6%
    * HY GROUP SALES WERE HK$2,542 MILLION, DOWN 11.1%
    * DECLARED AN INTERIM DIVIDEND OF 10.2 HK CENTS PER SHARE
    * HONG KONG WEAKENING RETAIL SECTOR CONTINUES TO BE
EXACERBATED BY
SOCIAL UNREST
    * SAYS MOVING INTO H2, TRADE WAR BETWEEN U.S.-CHINA BEING
FELT
GLOBALLY AND TAKING ITS TOLL ON GREATER CHINA CONSUMER SENTIMENT
    * GLOBAL ECONOMIC ENVIRONMENT BECOMING MORE UNCERTAIN, WITH
SIGNS
OF ECONOMIC SLOWDOWN IN MANY DIFFERENT PARTS OF WORLD

Source text for Eikon:  ID:nHKS4l8QZ2 
Further company coverage:  0709.HK 

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