Brief: Luk Fook Holdings International Proposes Final Dividend Of Hk$0.50 Per Share

Luk Fook Holdings (International)

26/06/2020 11:28

June 26 (Reuters) - Luk Fook Holdings International Ltd
 0590.HK :
    * LUK FOOK HOLDINGS INTERNATIONAL- FINAL DIVIDEND OF HK$0.50
PER
SHARE PROPOSED, WITH ANNUAL DIVIDEND OF HK$1.00 PER SHARE
    * LUK FOOK HOLDINGS INTERNATIONAL LTD -  REVENUE OF YEAR
DECREASED
BY 29.2% TO ABOUT HK$11.2 BILLION
    * LUK FOOK HOLDINGS INTERNATIONAL LTD -  FY PROFIT
ATTRIBUTABLE
DECREASED BY 42.0% TO HK$866 MILLION
    * LUK FOOK HOLDINGS INTERNATIONAL-GROUP WILL NET REDUCE 5
SHOPS IN
HK IN COMING YEAR & SEEK OPPORTUNITIES FOR OPENING 2 NEW SHOPS
IN MACAU
    * LUK FOOK HOLDINGS INTERNATIONAL-REMAINS OPTIMISTIC ABOUT
MID- TO
LONG-TERM BUSINESS PROSPECTS
    * LUK FOOK HOLDINGS INTERNATIONAL LTD -  TARGET FOR NET
ADDITION
OF "LUKFOOK" SHOPS IN MAINLAND IN COMING YEAR WILL BE NOT LESS
THAN 150
    * LUK FOOK HOLDINGS INTERNATIONAL LTD -  TARGET FOR NET
ADDITION
FOR NEW BRANDS' STORES IN MAINLAND IS 50 SHOPS
    * LUK FOOK HOLDINGS INTERNATIONAL-AIMING TO SUSTAIN GROWTH
IN
E-COMMERCE REVENUE AT A TARGET GROWTH OF 15% FOR UPCOMING YEAR
    * LUK FOOK HOLDINGS INTERNATIONAL LTD -  WILL BE CONVERSION
OF
AROUND 35 SELF-OPERATED SHOPS INTO LICENSED SHOPS IN MAINLAND
MARKET IN COMING YEAR

Source text for Eikon:  ID:nHKS5vGL4l 
Further company coverage:  0590.HK 

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