Luk Fook Holdings (International) Limited Raises Full Year Store Expansion Targets for 2019; Provide Earnings Guidance for 2019
For this financial year, the company expecting kind of a double-digit drop for revenue and profit for this year. But then for next financial year, it's hard to tell at the moment because the company don't really know how the U.S.-China trade war and the social incidents in Hong Kong would - will look like in the next year. The company will also continue to further develop its e-commerce business and target to increase its revenue by 20%.