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GOME Retail Holdings Ltd (0493.HK)

0493.HK on Hong Kong Stock

0.75HKD
17 Aug 2018
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Tue, Apr 3 2018

BRIEF-Gome Retail's Unit To Buy Tianjin Gome Warehousing For RMB89.6 Mln

* UNIT BEIJING GOME ANXUN TECHNOLOGY​ TO BUY TIANJIN GOME WAREHOUSING FROM PENGRUN PROPERTY FOR RMB89.6 MILLION Source text for Eikon: Further company coverage:

UPDATE 1-China's GOME swings to 450 mln yuan loss in 2017; says to develop smart stores

* Consolidated gross profit margin rises to 18.26 pct vs 16.09 pct

China's GOME swings to 450 mln yuan loss in 2017; says to develop smart stores

HONG KONG, March 27 GOME Retail Holdings Ltd , one of China's biggest home appliances retailer, booked its first annual loss in five years on Tuesday, blaming higher debt costs and a drop in the value of some assets.

China's GOME warns of 2017 loss on impairment, rising financial costs

HONG KONG, March 2 GOME Retail Holdings Ltd said it expected to swing to a loss of up to 500 million yuan ($78.7 million) in 2017 due to impairment of goodwill for under-performing business, and impairment of long-term assets relating to e-commerce.

BRIEF-Gome Retail Sees FY Sales From Comparable Stores To Rise By More Than 2 Pct

* FY SALES FROM COMPARABLE STORES EXPECTED TO INCREASE BY MORE THAN 2% AND CONSOLIDATED GROSS PROFIT MARGIN EXPECTED TO EXCEED 18%

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