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A.S. Watsons: improved earnings in Asia and Europe in FY 2022

Date : 20 March 2023

Louis Lau

Analyst

CK Hutchison reported its retail revenue (A.S. Watsons) fell by 2.0% to HKD169.6 bn (US$21.9 bn), and its earnings (EBITDA) decreased by 11% to HKD14.3 bn (US$1.8 bn) in its full year 2022 results. In local currencies, its total revenue increased by 6%, while EBITDA declined by 2%. Performance…
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