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