Edition:
United States

Giordano International Ltd (0709.HK)

0709.HK on Hong Kong Stock

4.74HKD
19 Sep 2017
Change (% chg)

HK$0.03 (+0.64%)
Prev Close
HK$4.71
Open
HK$4.71
Day's High
HK$4.76
Day's Low
HK$4.68
Volume
716,000
Avg. Vol
1,573,343
52-wk High
HK$4.85
52-wk Low
HK$3.77

Latest Key Developments (Source: Significant Developments)

Giordano International says HY profit after income taxes attributable to shareholders HK$245 million
Thursday, 10 Aug 2017 12:05am EDT 

Aug 10 (Reuters) - Giordano International Ltd <0709.HK>::Group sales and gross profit for first half of 2017 rose by 3.4% and 3.8%, respectively..Declared an interim dividend of 15.0 hk cents per share.HY profit after income taxes attributable to shareholders of company increased over last year by 20.1% to hk$245 million.Comparable store gross profit was up by 6.6% whilst comparable store sales rose by 4.6% year-on-year in HY.  Full Article

Giordano International announces proposed share repurchase
Tuesday, 20 Jun 2017 05:36am EDT 

June 20 (Reuters) - Giordano International Ltd <0709.HK>:Group sales and gross profits are both registering an increase of 7% in q2 up to early june.Group comparable store sales and comparable store gross profit in q1 increased by 0.5% and 2.2%, respectively.‍Board has been granted a general mandate by shareholders to repurchase up to 157.2 million shares of company​.‍Board considers that current trading price of shares does not reflect their intrinsic value​.  Full Article

Giordano International says FY net profit rose 2%
Wednesday, 8 Mar 2017 11:21pm EST 

Giordano International Ltd <0709.HK>: FY consolidated sales in 2016 were HK$5,145 million a decrease of 4% . FY profit attributable to shareholders of company increased by 2% year-on-year to HK$434 million . Board of directors has recommended payment of a final dividend of 15.0 HK cents per share . Management's outlook on Mainland China continues to be cautiously optimistic . "Our Hong Kong operations and management teams will strive to maintain momentum in rental savings" ."Regional economic environments are not conducive to overall sales increases in medium term".  Full Article

Giordano says HY profit HK$ 204 million<0709.HK>
Thursday, 11 Aug 2016 12:28am EDT 

Giordano International Ltd <0709.HK>: Announcement of interim results for the six months ended June 30, 2016 <0709.HK> . Consolidated group sales in the first half of 2016 were HK$2.53 billion, a decrease of 7% . Says HY profit attributable to shareholders decreased by 2% year-on-year to HK$204 million . Says the board of directors has declared an interim dividend of HK12.5 cents per share . Says management's outlook on mainland China is cautiously optimistic . Will continue to cautiously adjust store portfolio and review rent level, expect to realize more savings in near future in Hong Kong market . Says management cannot predict the direction of the relevant exchange rates in the near future . Says management is also looking for new markets where the group brands do not yet have a presence .  Full Article