LI & Fung Ltd (0494.HK)
22 Sep 2017
Thu, Aug 24 2017
HONG KONG, Aug 24 Li & Fung Ltd, which supplies clothing and other products to retailers worldwide, on Thursday reported a 6.1 percent rise in first-half adjusted net profit and said it expected headwinds from store closures to continue in the second half of the year.
* China facing heightened financial risks from property downturn - Moody's
HONG KONG, March 29 Li & Fung Ltd, which supplies clothing and other products to retailers around the world, on Wednesday reported a 47 percent fall in 2016 net profit and said tough conditions in the global retail industry would put pressure on its business.
HONG KONG, March 29 Global exporter Li & Fung Ltd said on Wednesday it expected an unprecedented number of bankruptcies and store closures in the global retail industry in the years to come.