Due to the continued weak retail atmosphere and depreciation of the Renminbi in the Mainland, Hong Kong and Macau, the overall sales of Embry during the period decreased by approximately 10% compared to the same period last year. During the period, among the stores operating for more than 21 months, the same store sales recorded a decrease in the number of units in RMB. Embry Holdings Limited announced the sales performance of the Group for the period from July to September 2018. The Group's overall sales for the period decreased by approximately 10% compared to the same period last year. Due to the continued weak retail atmosphere and depreciation of the Renminbi in the Mainland, Hong Kong and Macau, the overall sales of Embry during the period decreased by approximately 10% compared to the same period last year. During the period, among the stores operating for more than 21 months, the same store sales recorded a decrease in the number of units in RMB. As of the end of September 2018, the total retail outlets of the An Lifang Group were 1,813, of which 1,567 and 246 were sales counters and specialty stores respectively. The Group's retail outlets decreased by a net 112 from the end of December last year. As the sales network is in the process of adjustment, the Group will continue to clean up low-efficiency stores in 2018 to enhance its overall operating efficiency.
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