Royale Furniture Holdings Limited Provides Earnings Guidance for the Six Months Ending 30 June 2020
August 05, 2020 at 10:20 am EDT
Royale Furniture Holdings Limited provided earnings guidance for the six months ending 30 June 2020. For the period, the Group is expected to record a significant loss attributable to owners of the parent within the range of approximately HKD 115 million to HKD 135 million as compared with a profit attributable to owners of the parent of HKD 12,657,000 for the corresponding period of 2019. The revenue of the Group is also likely to decline significantly, representing a figure within the range of 40% to 50% as compared with that for the corresponding period of 2019.