Q1 2020 Luk Fook Holdings International Ltd Store Sales Release Call Transcript

Jul 18, 2019 / 09:30AM GMT
Stephanie Chan - Luk Fook Holdings(International)Limited-IR&Corporate Communications Officer

Good evening, everyone. Thank you for joining the call. I am Stephanie from the IR team of Luk Fook.

Today, we have the pleasure to have Dr. Kathy Chan, Executive Director and CFO; and Ms. Nancy Wong, Executive Director and Deputy CEO of the Group, as speakers to talk about our financial year 2019 to '20 Q1 operational results. We will start with a brief presentation on the figures, followed by the Q&A session.

Now may I pass the time for Kathy to read the presentation, please.

So Kuen Chan - Luk Fook Holdings(International)Limited-CFO - Company Secretary & Executive Director

Okay. Thank you, Stephanie. Good afternoon, everybody. We have just announced our first Q 2020 sales data. You can see that we've got overall drop of 10% mainly because of the high base and continuing impact of the U.S. trade war under market

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