139 Holdings results with no big change this year

139Desmond Wong, Executive Director of 139 Holdings Limited (0139), revealed that the garments manufacturing business currently report an annual turnover of approximately $100 million. However, owing to the tough environment, the company is going to cut investment in the division and may even dispose of it. At present, the company has $70-80 million cash on hand with a leverage of 8-9%.

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