[ET Net News Agency, 23 October 2019] Luk Hing Entertainment Group Holdings Limited
(08052) said the group is expected to record a net loss of approximately HK$17 million for
the nine months ended 30 September 2019 as compared to the net profit recorded for the
corresponding period in 2018.
It was primarily attributable to (i) the pre-opening and startup costs of the company
newly operated clubbing business in Zhuhai City of the PRC; (ii) the pre-opening and
startup costs of the company newly operated restaurant, namely "SIXA" in Citygate Outlets
of Tung Chung town centre; and (iii) the weak sales performance of SIXA hit by the decline
of visitors from mainland China and the weak consumer sentiment caused by the continuous
social incidents in Hong Kong. (RC)
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08052 LUK HING ENT
Nominal 
0.046 0.000 (0.000%) Others
23/10/2019 15:16
Luk Hing Ent (08052) sees 9-month net turn to red
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