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GOME Retail Holdings Ltd (0493.HK)

0493.HK on Hong Kong Stock

0.86HKD
25 Sep 2017
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Mon, Aug 28 2017

China's GOME's H1 net profit falls 1.6 pct as finance costs rise

HONG KONG, Aug 29 GOME Retail Holdings Ltd , formerly known as Electrical Appliances Holding Ltd, said late on Monday its first-half net profit fell 1.6 percent due to a rise in finance costs as its borrowings increased.

BRIEF-Gome Electrical Appliances Holding posts HY net profit of RMB122 mln

* HY net profit RMB122 million versus RMB124 million a year ago

BRIEF-Gome Electrical Appliances announces change in name of Company

* Name of co has been changed from "Gome Electrical Appliances Holding ltd" to "Gome Retail Holdings ltd" Source text for Eikon: Further company coverage:

BRIEF-Gome Electrical Appliances Holding announces issuance of additional bonds due 2020

* Company and barclays entered into subscription agreement in connection with additional bonds issue

BRIEF-Gome Electrical Appliances says qtrly profit attributable RMB137 million, up 2.24 pct

* Qtrly profit attributable to owners of the parent was approximately rmb137 million, increased by 2.24%

BRIEF-Bank of Beijing signs agreement with Gome's financial arm

* Says it signs strategic cooperation agreement with Gome's financial arm on areas including internet banking

BRIEF-Gome Electrical Appliances bought back on-market 69 mln shares of co

* Highest purchase price per share was hk$1.08 and lowest purchase price per share was hk$1.07 Source text (http://bit.ly/2pGBOra) Further company coverage:

BRIEF-Gome Electrical Appliances bought back on-market 41.7 mln shares of company

* An aggregate of hk$43.7 million (before brokerage and expenses) was utilized by company for shares buy back Source (http://bit.ly/2oNIgd3) Further company coverage:

BRIEF-Gome Electrical Appliances Holding bought back on-market 42.7 mln shares of company

* Bought back on-market 42.7 million shares of company pursuant to general mandate

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