Luk Fook's Retail Sales Value Down 2% in Fiscal Q4

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Yesterday

Luk Fook (International)'s (HKG:0590) retail sales value (RSV) fell by 2% in the fourth fiscal quarter ending March 31, an April 17 Hong Kong bourse filing said.

Of this, RSV for Mainland China in the fourth fiscal quarter rose by 1%, while that for Hong Kong and Macau declined by 11%.

The jewelry retailer's retailing revenue for the three months fell by 1%, while same-store sales dropped 10%.

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