Tse Sui Luen profit dives by 94pc to HK$1.5m

Business | 19 Nov 2019 3:03 pm

Tse Sui Luen Jewellery (International) (0417) said net profit for the six months ended September 30, plunged by 94 percent year-on-year to HK$1.57 million, due to weak consumer sentiment amid the social unrest and Sino-US trade war.

Revenue fell by 14 percent to HK$1.65 billion from a year before.

The basic earnings per share were 0.6 HK cent.

Same store sales fell by 26.4 percent in Hong Kong and Macau.

 

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