FY 14: Profit plummets at CRE

Date : 20 March 2015
China Resources Enterprise (CRE) announces full year retail sales growth of 15.1% to HK$109.5bn, whilst reporting a loss of HK$1.4bn down -285% on the previous year. Tesco JV and tough trading environment hit hard on profit The main challenge for CRE in the last year have been two-fold:…
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