A Cafe de Coral shopfront vandalised by anti-government protesters in 2019. Photo: Yujing Liu A Cafe de Coral shopfront vandalised by anti-government protesters in 2019. Photo: Yujing Liu
A Cafe de Coral shopfront vandalised by anti-government protesters in 2019. Photo: Yujing Liu

Hong Kong economy

Business /  Companies

Cafe de Coral to trim operating costs, seek rental relief after Covid-19 fuels 87 per cent slump in earnings

  • Restaurant operator to trim workforce, rental costs to counter dwindling sales amid viral outbreak
  • Company reports an 87 per cent slide in earnings for the year to March 31

Topic |   Hong Kong economy
Snow Xia
Snow Xia

Updated: 9:36pm, 15 Jun, 2020

Why you can trust SCMP
A Cafe de Coral shopfront vandalised by anti-government protesters in 2019. Photo: Yujing Liu A Cafe de Coral shopfront vandalised by anti-government protesters in 2019. Photo: Yujing Liu
A Cafe de Coral shopfront vandalised by anti-government protesters in 2019. Photo: Yujing Liu
READ FULL ARTICLE