Brief: Cosmo Lady (China) Says Loss Attributable For 6 Months Would Not Be Less Than RMB120 Million

Cosmo Lady (China) Holdings Co

26/06/2020 16:16

June 26 (Reuters) - Cosmo Lady (China) Holdings Co Ltd
 2298.HK :
    * COSMO LADY (CHINA) HOLDINGS SEES LOSS ATTRIBUTABLE FOR 6
MONTHS
WOULD NOT BE LESS THAN RMB120 MILLION
    * RETAIL SALES AT SELF-MANAGED STORES AND FRANCHISEES'
STORES IN
MAY 2020 WAS OVER 80% ON PCP
    * E-COMMERCE SALES EXPECTED TO CONTINUE IMPROVING IN JUNE
2020 AND
H2 OF 2020
    * COSMO LADY (CHINA) SEES LOSS ATTRIBUTABLE FOR 6 MONTHS
ENDING 30
JUNE OF NOT LESS THAN RMB120 MILLION VERSUS PROFIT ATTRIBUTABLE
OF RMB35.5 MILLION
    * ABOUT 200 STORES EXPECTED TO BE OPENED OR RENOVATED IN MAY
TO
AUGUST 2020

Source text for Eikon:  ID:nHKSbqwcTd 
Further company coverage:  2298.HK 

 ((Reuters.Briefs@thomsonreuters.com;))