[ET Net News Agency, 18 September 2019] Fulum Group Holdings Limited (01443) said the
group is expected to record a loss before tax for the six months ending 30 September 2019
as compared to the profit before tax of approximately HK$15.9 million recorded for the
corresponding period in 2018.
The board said it has the following observations: (i) a decrease in revenue of
approximately 13%; (ii) a decrease in gross profit margin; (iii) an increase in rental to
revenue ratio; and (iv) an increase in salary to revenue ratio. (RC)