Brief: New World Department Store China Posts HY Revenue Of HK$1,360.7 Million

New World Department Store China

25/02/2020 14:06

Feb 25 (Reuters) - New World Department Store China Ltd
 0825.HK :
    * HY REVENUE HK$1,360.7 MILLION VERSUS  HK$1,809.9 MILLION
    * SAME-STORE SALES GROWTH FOR HY PERIOD DECLINED 12.4%
    * NEW WORLD DEPARTMENT STORE CHINA LTD - HY PROFIT
ATTRIBUTABLE
HK$142.4 MILLION VERSUS HK$89.7 MILLION
    * RESOLVED NOT TO DECLARE INTERIM DIVIDEND FOR SIX MONTHS
ENDED 31
DECEMBER 2019
    * PLANS TO EXPAND CONVENIENCE STORE BUSINESS TO PREMISES
OUTSIDE
OF ITS OWN NETWORK IN SECOND HALF OF 2020 FY
    * ULTIMATE IMPACT TO GROUP'S BUSINESSES DUE TO VIRUS IS
UNCERTAIN

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7ggmpY
Further company coverage:  0825.HK 

 (Reuters.Briefs@thomsonreuters.com)