Giordano International Ltd (0709.HK)
15 Feb 2018
Latest Key Developments (Source: Significant Developments)
Nov 9 (Reuters) - Giordano International Ltd <0709.HK>:Group sales for Q3 rose by 3.6 percent to HK$1,240 million.Comparable store sales & comparable store gross profit for quarter grew by 2.3 percent and 1.5 percent, respectively.Qtrly group gross profit increased by 3.0 percent . Full Article
Giordano International Ltd <0709.HK>: Announcement of interim results for the six months ended June 30, 2016 <0709.HK> . Consolidated group sales in the first half of 2016 were HK$2.53 billion, a decrease of 7% . Says HY profit attributable to shareholders decreased by 2% year-on-year to HK$204 million . Says the board of directors has declared an interim dividend of HK12.5 cents per share . Says management's outlook on mainland China is cautiously optimistic . Will continue to cautiously adjust store portfolio and review rent level, expect to realize more savings in near future in Hong Kong market . Says management cannot predict the direction of the relevant exchange rates in the near future . Says management is also looking for new markets where the group brands do not yet have a presence . Full Article
HONG KONG, Feb 13 Retailers in Hong Kong such as Chow Tai Fook, the world's No. 2 jeweller after Tiffany's by market capitalisation, are expanding again in a sign of confidence for a sector critical to the economy.