SINCERE NARROWS INTERIM LOSS
Department store operator Sincere reported a net loss of HK$76.44 million for the six months to August, an improvement from a HK$79.86 million loss a year earlier. The company said a spending slump took a heavy toll on its operations. Turnover slid 33.37 per cent to HK$142.63 million. Loss per share was 13.31 HK cents against 13.91 HK cents previously.