Gome sees net loss widen amid slowing growth on mainland

Gome Electrical Appliances yesterday warned that the company was expected to record a net loss of up to 700 million yuan (HK$867 million) for the nine months to September.

Shares in Gome declined 2.17 per cent to close at 90 HK cents yesterday before the announcement. The stock has plunged 40 per cent from HK$1.51 on April 26.

via Business feed http://www.scmp.com/business/money/spending/article/1067502/gome-sees-net-loss-widen-amid-slowing-growth-mainland