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Part I.T Renewal Of Rent Increased By Double Digit &Nbsp; No Dividend Policy Was Proposed.

2011/10/25 11:04:00 32

Double Digit Rent Change Policy

I.T<00999.HK> chief financial officer, Mr Kwong Kuo Yu, said that from the end of last year to the end of the financial year, three Tencent of the rent in Hong Kong had to be renewed, and the rental of the shops that had been renewed was double-digit growth.


Chairman Shen Jiawei expected the rent to be controlled at present level.

rent

Pressure is on the face of all retailers.


In the first half of this year, the cost of employees in China increased by 1.5 to 15.5%.

He explained that the main reason was to increase staff's preparation for opening stores in the second half of the year.


In addition, our business accounts for 60.5% of total revenue and 25.5% for the mainland.

Japan

And other areas.

He expects mainland China to become the main source of income within five years.


He also mentioned that the mainland sales floor area increased by 16% at the end of August, and is confident that the end of this fiscal year is expected to reach a 30% growth target.


He also pointed out that the dividend payout ratio of 40% has not changed yet.

profit

Performance changes.


The company also has confidence in the level of gross profit margin.

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