Brief: Golden Eagle Retail FY Rev Down 6.4%

Golden Eagle Retail

31/03/2020 15:36

March 31 (Reuters) - Golden Eagle Retail Group Ltd
 3308.HK :
    * FY REVENUE RMB6,149.4 MILLION, DOWN 6.4%
    * PROPOSED FINAL CASH DIVIDEND OF RMB0.231 PER SHARE
    * IN 2020, FAIR VALUE OF GROUP'S INVESTMENT PROPERTIES &
FINANCIAL
ASSETS AT FAIR VALUE MAY SEE FLUCTUATIONS DUE TO COVID-19
    * FY PROFIT ATTRIBUTABLE RMB1.19 BILLION VERSUS RMB897.9
MILLION
    * REVENUE, CASH FLOWS & PROFIT FROM OPERATIONS EXPECTED TO
DECREASE AS COMPARED TO SAME PERIOD IN 2019 DUE TO COVID-19
    * IN EARLY 2020, CORONAVIRUS OUTBREAK AFFECTED OFFLINE
BUSINESS
DEEPLY
    * INVESTMENT PROPERTIES & FINANCIAL ASSETS AT FAIR VALUE MAY
BE
SUBJECT TO FLUCTUATIONS DUE TO COVID-19 OUTBREAK

Source text for Eikon:  ID:nHKS49gdXq 
Further company coverage:  3308.HK 

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