KTL International Profits Fell 43%.

Although the retail industry in Hongkong has improved in March, the hardships led by jewellery watches continue to lead.

The interim report for fiscal year 2015 has not yet been released.

First, the surplus police were released.

It is reported that the KTL international, which is to be published in the mid 2015 report as of September 30, 2015 as well as the annual report of 2015, has recently issued a profit warning. The report said that the Group recorded in the six months up to September 30, 2015.

It will be reduced by about 43.7% over the same period in fiscal 2014.

KTL international financial year 2015 financial report did not send a first profit police said profit plunged 43%

Due to the gradual decrease of demand, the jewelry industry in light luxury industry and fast fashion industry has caused a great impact, resulting in a lot of hard and luxurious brand management companies failing to perform as well as expected.

If we want to continue to develop, we need to enrich the brand portfolio that is too empty.

And one of the main markets.

Market sales will decrease by 72.2%.

In addition, the group's combined losses will reach 15 million 200 thousand yuan during the period, and the total profit in 2014 will be 22 million 700 thousand yuan.

This news has made the listing of KTL in Hongkong only a year's shadow.

KTL dropped to 5.57% yuan on that day to 2.65 yuan.

The group said that the net loss continued to expand in the ten months ended January 31, 2016, compared with a record decline of 37% and 46% in the 2015 fiscal year.