Le Saunda Holdings Limited provided consolidated earnings guidance for the year ended February 29, 2016. For the period, the company expects that the consolidated profit may decrease by approximately 35% comparing with the last year primarily attributable to continuing increase of operating costs in Mainland China; more discounts offered to get rid of the slow moving inventory; an operating loss recorded in the Hong Kong and Macau business segment for the financial year 2016 as compared with an operating profit for the last year; and increase of exchange losses due to the devaluation of Renminbi.
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0.44 HKD | +2.33% | +7.32% | +10.00% |
03-12 | Le Saunda Holdings Records 3.7% Decline in Retail Sales in Fourth Quarter | MT |
2023 | Le Saunda Records 2% Decline in Fiscal Q3 Retail Sales | MT |
1st Jan change | Capi. | |
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+10.00% | 38.87M | |
+32.05% | 11.2B | |
+8.08% | 10.28B | |
-5.01% | 8.69B | |
+52.68% | 8.66B | |
-5.19% | 7.83B | |
+21.68% | 3.43B | |
+75.00% | 3.18B | |
-8.75% | 2.48B | |
-18.34% | 2.09B |
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- Le Saunda Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended February 29, 2016