date:May 27, 2014
to HK$28.1 billion.
Its food division fell into the red with a HK$50 million loss compared with a HK$57 million profit a year earlier.
Looking ahead, the retail division will continue to adopt hypermarkets as its main retail format and to expand its multi-format store network in regions where the group has already established a presence, chairman Chen Lang said in a statement.
The division will continue to speed up its expansion into third-to-fourth tier cities, as well as into counties, tow