Results Analysis: Grocery retail normalization in progress 1H21 revenue and core earnings decline to US$4.5bn (-13.4% y-o-y) and US$32.1m (-69.5% y-o-y) Grocery retail segment saw 22.0% y-o-y decline in sales impacted by normalization of demand and pandemic restrictions Healthy & Beauty woes continue as tourist arrivals to Hong Kong remain low Convenience Stores a bright […]

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