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Bossini issues financial H1 profit warning
- 2016-01-15
15/01
Source: Macau Business
Clothes retailer Bossini International Holdings Ltd says its net profit in its financial first half may turn out to be up to 90 per cent lower than a year earlier.
Bossini’s first-half net profit in its last financial year was HK$87.47 million (about US$10.89 million).
The company told the Hong Kong Stock Exchange that the expected drop in the first half of this financial year was due to fewer tourists visiting Hong Kong and Macau, and the strength of their respective currencies reducing spending by shoppers in both cities.
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