A.S. Watson FY2016: weak performance with flat revenue

Date : 27 March 2017
A.S. Watson has reported a flat retail revenue of HKD151.5bn (US$19.5bn) and 2% decline in operating profit for FY2016 compared to last year. Results impacted by adverse currency exchange and HK performance After removing the effect of currency exchange, revenue and operating profit showed 3%…
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