Brief: Giordano International Updates On COVID-19 Impact On Ops

Giordano International

20/04/2020 13:10

April 20 (Reuters) - Giordano International Ltd  0709.HK :
    * GIORDANO INTERNATIONAL LTD- AS AT APR 20, MOST OF GROUP'S
OUTLETS IN MAINLAND CHINA HAVE RE-OPENED
    * GIORDANO INTERNATIONAL LTD - EXPECTS CLOSURE OF STORES
OUTSIDE
GREATER CHINA AND SOUTH KOREA TO CONTINUE FOR SOME TIME
    * GIORDANO INTERNATIONAL LTD- NEGOTIATING WITH LANDLORDS
ACROSS
ALL MARKETS TO SEEK FURTHER RENTAL RELIEF AND REDUCTIONS
    * GIORDANO INTERNATIONAL LTD - AT AT 20 APRIL, CANNOT
QUANTIFY
ACTUAL IMPACT OF PANDEMIC ON GROUP'S INTERIM RESULTS FOR 6
MONTHS ENDING JUNE 30
    * GIORDANO INTERNATIONAL LTD - WILL CONTINUE TO STREAMLINE
ITS
BUSINESS OPERATIONS TO MINIMIZE COSTS AND EXPENSES

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