TSL Skids to Loss Amid Persistently Weak Demand
Summary by rapaport.com
1 Articles
1 Articles
All
Left
Center
Right
TSL Skids to Loss Amid Persistently Weak Demand
Hong Kong jeweler Tse Sui Luen (TSL) recorded a loss for the full fiscal year amid waning appetite for diamond jewelry in China and an increase in shoppers from the municipality purchasing goods while abroad. The retailer reported a loss of HKD 197.8 million ($25.2 million) for the 12 months that ended March 31, it said Monday. That compared to a loss of HKD 374.2 million ($47.7 million) a year earlier. The company attributed the result primaril…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium