Embry Holdings Limited announced sales results for the period from April to June of 2022. For the period, the company reported sales decreased by approximately 19% as compared to that of the same period of last year. During the Second Quarter Period, for stores that had been in operation for more than 18 months, same store sales recorded a double-digit decrease year-on- year.

As at the end of June 2022, there were a total of 1,128 retail outlets, comprising 952 concessionary counters and 176 retail shops. The number of retail outlets net decreased by 123 as compared to the end of December last year. Since the Group has been in the process of adjusting its sales network, the Group will continue to close stores with lower efficiency during 2022 to enhance overall operational efficiency.