Brief: Giordano says HY profit HK$ 204 million

Giordano International

11/08/2016 05:28

Aug 11 (Reuters) - Giordano International Ltd  0709.HK : 
 * Announcement of interim results for the six months ended June 30, 2016 
    0709.HK  
 * Consolidated group sales in the first half of 2016 were HK$2.53 billion, a decrease of 7% 
 * Says HY profit attributable to shareholders decreased by 2% year-on-year to HK$204 million 
 * Says the board of directors has declared an interim dividend of HK12.5 cents per share 
 * Says management's outlook on mainland China is cautiously optimistic 
 * Will continue to cautiously adjust store portfolio and review rent level, expect to realize more savings in near future in Hong Kong market 
 * Says management cannot predict the direction of the relevant exchange rates in the near future 
 * Says management is also looking for new markets where the group brands do not yet have a presence 
 
* Source text for Eikon  ID:nWNBS02U3E  
 
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