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Cosmo Lady (China) Holdings Co Ltd (2298.HK)

2298.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Cosmo Lady (China) Expects To Record A Loss After Tax Of Not Less Than RMB 980 Mln For Year Ending 31 Dec
Monday, 23 Dec 2019 

Dec 23 (Reuters) - Cosmo Lady (China) Holdings Co Ltd <2298.HK>::EXPECTS TO RECORD A LOSS AFTER TAX OF NOT LESS THAN RMB 980 MILLION FOR YEAR ENDING 31 DECEMBER 2019.DURING YEAR ENDING 31 DEC 2019 FACED HEADWINDS IN BUSINESS ACTIVITIES AS A RESULT OF SLOWING CHINA ECONOMY AND DOMESTIC DEMAND.DECIDED TO CLOSE A NUMBER OF LOSS-MAKING RETAIL STORES OF GROUP.DECIDED ONE-OFF WRITE DOWN OF INVENTORIES BY AN AMOUNT OF ABOUT RMB 650 MILLION TO RMB 700 MILLION.EXPECT TO INCUR COSTS FOR AN AGGREGATE AMOUNT OF ABOUT RMB 20 MILLION TO RMB 30 MILLION FOR STAFF REDUNDANCY, AMONG OTHER THINGS.DECIDED ONE-OFF WAIVING AMOUNTS OF ABOUT RMB 310 MILLION TO RMB 350 MILLION OWED BY MAJOR CUSTOMERS OF GROUP.  Full Article

Cosmo Lady (China) Holdings Co Says Harmonious Composition Entered Into Restructuring Agreement
Friday, 1 Nov 2019 

Nov 1 (Reuters) - Cosmo Lady (China) Holdings Co Ltd <2298.HK>::HARMONIOUS COMPOSITION ENTERED INTO RESTRUCTURING AGREEMENT WITH FOREVER FLOURISH, FOREVER SHINE AND MOUNTAIN DRAGON.HARMONIOUS COMPOSITION TO REPURCHASE 35.41% OF HARMONIOUS' TOTAL SHARES HELD BY FOREVER FLOURISH, FOREVER SHINE & MOUNTAIN DRAGON.  Full Article

Cosmo Lady China Holdings Co Intends To Buy Back Shares
Monday, 1 Apr 2019 

April 1 (Reuters) - Cosmo Lady China Holdings Co Ltd <2298.HK>::INTENDS TO BUY BACK SHARES OF CO.  Full Article

Cosmo Lady China Guangdong Cosmo Lady, Tengfei Technology To Form JVC
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Cosmo Lady China Holdings Co Ltd <2298.HK>::GUANGDONG COSMO LADY, TENGFEI TECHNOLOGY TO FORM JVC FOR DESIGN, PROMOTION, SALES OF TECHNOLOGY-ENABLED INTIMATE WEAR PRODUCTS.JV CO WILL BE HELD AS TO 51% BY GUANGDONG COSMO LADY AND 49% BY TENGFEI TECHNOLOGY WITH REGISTERED SHARE CAPITAL OF RMB20 MILLION.  Full Article

Cosmo Lady China Entered Framework Cooperation Agreement With Zhejiang Jasan
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Cosmo Lady China Holdings Co Ltd <2298.HK>::ENTERED FRAMEWORK COOPERATION AGREEMENT WITH ZHEJIANG JASAN HOLDING GROUP.GUANGDONG COSMO LADY AGREED TO INVEST IN 20% EQUITY INTEREST OF A NEW PRODUCTION PLANT OF JASAN GROUP.  Full Article

Cosmo Lady China Holdings Announces Framework Cooperation Agreement
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Cosmo Lady China Holdings Co Ltd <2298.HK>::UNIT ENTERED INTO FRAMEWORK COOPERATION AGREEMENT WITH JASAN GROUP REGARDING MANUFACTURE AND DISTRIBUTION OF COTTON SOCKS.  Full Article

Cosmo Lady China Holdings Posts HY Profit Attributable RMB175.1 Mln
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Cosmo Lady China Holdings Co Ltd <2298.HK>::HY PROFIT ATTRIBUTABLE RMB175.1 MILLION VERSUS RMB144.9 MILLION.HY REVENUE RMB2.34 BILLION VERSUS RMB2.08 BILLION.DECLARES INTERIM DIVIDEND OF HK2.73 CENTS.  Full Article

BRIEF-Cosmo Lady (China) Holdings Co Posts FY Loss Attributable RMB1.30 Billion

* AIR SANITIZING AND PURIFYING LIQUID AND SPRAY WILL ALSO BE LAUNCHED IN FORESEEABLE FUTURE