Brief: Gome Retail Says As At 30 June, Overdue Interest-Bearing Bank And Other Borrowings RMB16 Bln

GOME Retail Holdings

18/08/2023 16:03

Aug 18 (Reuters) - GOME Retail  0493.HK :
    * AS AT 30 JUNE 2023, OVERDUE INTEREST-BEARING BANK AND
OTHER
BORROWINGS AMOUNTED TO RMB16 BILLION
    * SEES SALES REVENUE DURING SIX MONTHS TO DECLINE BY OVER
90%
    * SEES LOSS ATTRIBUTABLE INCREASE BY 15% TO 25% FOR SIX
MONTHS
    * AS AT 31 JULY, WAS INVOLVED IN TOTAL OF 1,458 PENDING
LAWSUITS,
AMOUNTED TO RMB11.2 BILLION IN AGGREGATE
    * AS AT 31 JULY 2023, GROUP'S FROZEN FUNDS AMOUNTED TO
RMB197
MILLION IN AGGREGATE

Further company coverage:  0493.HK 

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