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    825   KYG650071098

NEW WORLD DEPARTMENT STORE CHINA LIMITED

(825)
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Delayed Hong Kong Stock Exchange  -  03:08 2022-12-02 am EST
0.6400 HKD   -1.54%
09/29New World Department Store China Limited Reports Earnings Results for the Full Year Ended June 30, 2022
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08/19New World Department Store China Limited Provides Group Earnings Guidance for the Year Ended 30 June 2022
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02/24New World Department Store China Limited Reports Earnings Results for the Half Year Ended December 31, 2021
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New World Department Store China Limited Provides Group Earnings Guidance for the Year Ended 30 June 2022

08/19/2022 | 06:30am EST

New World Department Store China Limited provided group earnings guidance for the year ended 30 June 2022. For the year, the company announced that, based on a preliminary assessment on the unaudited consolidated management accounts of the company for the year ended 30 June 2022, the group expects to record a loss attributable to shareholders of the company of approximately HKD 483.0 million for the year ended 30 June 2022, as compared to a loss attributable to shareholders of the Company of approximately HKD 229.4 million for the year ended 30 June 2021. The estimated increase in loss for the year ended 30 June 2022 is primarily attributable to (i) the impact caused by the continued and prolonged pandemic of COVID-19; (ii) the loss from changes in fair value of investment properties; and (iii) the impairment loss on assets, including goodwill for the Group's department store business in the People's Republic of China.


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All news about NEW WORLD DEPARTMENT STORE CHINA LIMITED
09/29New World Department Store China Limited Reports Earnings Results for the Full Year End..
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08/19New World Department Store China Limited Provides Group Earnings Guidance for the Year ..
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02/24New World Department Store China Limited Reports Earnings Results for the Half Year End..
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Financials
Sales 2022 1 969 M 253 M 253 M
Net income 2022 -483 M -62,1 M -62,1 M
Net Debt 2022 4 535 M 583 M 583 M
P/E ratio 2022 -4,19x
Yield 2022 -
Capitalization 1 079 M 139 M 139 M
EV / Sales 2021 3,23x
EV / Sales 2022 3,33x
Nbr of Employees 2 412
Free-Float 25,0%
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Managers and Directors
Fai Yet Cheung Joint Chief Executive Officer & Executive Director
Hui-Fang Xie Joint Chief Executive Officer & Executive Director
Chi-Kong Cheng Chairman
Ying Chew Cheong Independent Non-Executive Director
Yiu Tong Chan Independent Non-Executive Director
Sector and Competitors