Brief: Luk Fook Holdings International Updates On July To Sept Group's Overall Trend Of Revenue, Profit

Luk Fook Holdings (International)

19/08/2020 15:31

Aug 19 (Reuters) - Luk Fook Holdings International Ltd
 0590.HK :
    * GROUP'S OVERALL TREND OF REVENUE AND PROFIT FOR PERIOD
FROM JULY
TO SEPTEMBER 2020 IS UNCERTAIN
    * APRIL TO JUNE REVENUE AND NET PROFIT SHOWED SUBSTANTIAL
DECLINE
OF AROUND 60% AND 80% RESPECTIVELY
    * EXPECTED RESULT DUE TO DUE TO CONTINUATION OF COVID-19
PANDEMIC
AND ITS NEGATIVE IMPACT ON MACRO-ECONOMY
    * SAME STORE SALES DECLINE IN HONG KONG AND MACAU MARKET IN
JULY
2020 WAS A BIT WIDENED FROM 60% DROP IN JUNE 2020
    * OVERALL SAME STORE SALES OF ALL SHOPS IN JULY 2020
IMPROVED
PROGRESSIVELY WITH NARROWED DECLINE VERSUS JUNE

Source text for Eikon:  ID:nHKS82l5P3 
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