Swire Pacific Ltd (FRA:SWI1)
€ 1.23 -0.01 (-0.81%) Market Cap: 9.96 Bil Enterprise Value: 18.11 Bil PE Ratio: 7.12 PB Ratio: 0.92 GF Score: 67/100

Swire Pacific Ltd Pre-close Briefing Transcript

Jan 10, 2020 / 04:00AM GMT
Release Date Price: €1.31 (-4.38%)
Mei Shuen Low
Swire Pacific Limited - Finance Director & Executive Director

Hi, good afternoon, everybody. Thank you for joining us today for the Swire Pacific Pre-Close Briefing. And today we have Pat Healy, someone you already know, now he's the Chairman of Cathay Pacific and also the Chairman of Swire Coca-Cola. He will be also talking through with yourself the Aviation, Cathay Pacific and also the Swire Coca-Cola business during the review. As usual, we'll start with a business run through and then followed by Q&A questions. I suppose all of you have a copy of the PowerPoints, and they'll also be on the screen, showing the relevant page.

In fact, 2019 has been a very challenging year for us, starting second half of -- starting June or in the second half. And in terms of the business environment, the protests in Hong Kong has impacted the business to different varying extents, the airline business, the hotel business, the retail business and the retail-related business has been hit the most. And in fact, the situation appear to be softened a bit and it's still uncertain how this would

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