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Hong Kong-based Tse Sui Luen Jewellery (International) Ltd will further strengthen its digital strategies to help mitigate the pandemic’s impact on its retail business.
Based on its interim results for the six months ending September 30, 2020, the group recorded a loss attributable to owners of the company of HK$41.6 million compared to a profit of HK$1.6 million during the same period in 2019. Turnover was down 28.7 per cent year on year.
The retail environment suffered from a significant drop in tourist arrivals to Hong Kong and Macau due to travel restrictions. Strict social distancing measures alongside soaring gold prices and...
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