Brief: Luk Fook Holdings International Says Group’S Overall SSSG Down 71% For 1Q FY2021

Luk Fook Holdings (International)

21/07/2020 13:59

July 21 (Reuters) - Luk Fook Holdings International Ltd
 0590.HK :
    * GROUP’S OVERALL SSSG DOWN 71% FOR 1Q FY2021
    * GROUP WILL NET REDUCE 5 SHOPS IN HONG KONG IN COMING YEAR
    * GROUP TO SEEK OPPORTUNITIES FOR OPENING 2 MORE SHOPS IN
MACAU
DURING FY2021
    * TARGET FOR NET ADDITION OF LUKFOOK SHOPS IN MAINLAND CHINA
WILL
BE NOT LESS THAN 150 SHOPS DURING FY2021
    * SAME STORE SALES OF HONG KONG AND MACAU MARKET FOR 1Q
DECLINED
76%

Source text https://bit.ly/3eUAWVO
Further company coverage:  0590.HK 

 ((Reuters.Briefs@thomsonreuters.com;))