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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5-day change | 1st Jan Change | ||
0.41 HKD | +3.80% | +2.50% | +2.50% |
Mar. 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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+2.50% | 35.7M | |
+34.33% | 23.2B | |
+34.94% | 11.48B | |
+10.84% | 10.58B | |
-4.47% | 8.82B | |
+53.32% | 8.79B | |
+2.65% | 8.5B | |
+24.27% | 3.52B | |
+79.86% | 3.23B | |
-7.97% | 2.47B |
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- Le Saunda Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended February 29, 2016