Hendry Surpassed The Net Profit Plunged Last Year.

Affected by the weak performance of the watch industry, Hendry, a luxury brand retailer in Hongkong, has recently made financial reports. Besides the surplus police issued in February, another thing may be that the shareholders are heartbroken.

That is not.

Now.

In the 2015 fiscal year ended December 31, 2015,

Net profit fell by 71.3%, while net profit decreased from 504 million 200 thousand yuan in fiscal year 2014 to 144 million 900 thousand yuan, while sales fell 9.9%.

In view of the gloomy data, the Hendry group will not send a final dividend.

Data from Hendry's earnings show that, except for the Ministry of industry, other retail sectors have declined in varying degrees.

In addition to the continued downturn in the watch industry, and for Hongkong,

The downturn in consumer sentiment also caused certain claims to the group. The retail business revenue of the group was only 9 billion 373 million 400 thousand yuan, up 11.6% from the previous fiscal year.

Fortunately, however, the industrial group belonging to the group has recorded an increase of 25.9% in response to the benefits of reform.