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Hongkong Earnings Analysis: 
Seven & I Holdings Net Falls
Author: Trupti Mehta
123jump.com
Last Update: 1:34 PM ET July 02 2009


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Seven & I Holdings Co., Ltd first quarter sales fell 11% to ¥1.24 trillion and net profit fell 28% to ¥23.7 billion or ¥26.22 a share.

 
10:00AM New York - Seven & i Holdings Co., Ltd sales fell 11% and net profit fell 28%.

Seven & i Holdings Co., Ltd, the largest retailer said first quarter sales fell 11% to ¥1.24 trillion from ¥1.39 trillion a year ago. Net profit in the quarter fell 28% to ¥23.7 billion or ¥26.22 per diluted share compared to net profit of ¥33.1 billion or ¥34.76 per share a year ago.
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