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3308 — Golden Eagle Retail News Story

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Brief: Golden Eagle Retail Group says HY net profit RMB 228.6 million versus RMB 586.3 million

Aug 23 (Reuters) - Golden Eagle Retail Group Ltd  3308.HK : 
 * Interim results for the six months ended 30 June 2016  3308.HK  
 * HY same store sales growth declined by 8.7% 
 * Says the board resolves to declare an interim cash dividend of RMB0.050 per share and a special cash dividend of RMB0.168 per share 
 * Says HY net profit RMB 228.6 million versus RMB 586.3 million 
 * HY revenue RMB2.15 billion ,up 5.6 percent 
 * Looking into the macro economy in the second half of 2016, growth in  developed economies will probably continue to fall below market expectations 
 * Says the management remains optimistic about China's retail market  development in the future 
 
 * Source text for Eikon  ID:nHKS4shsMq  
 
 * ((Further company coverage:  3308.HK )) 
   ((Bangalore.newsroom@thomsonreuters.com))

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