BRIEF-Giordano International says FY net profit rose 2%

March 9 (Reuters) - Giordano International Ltd:

* FY consolidated sales in 2016 were HK$5,145 million a

decrease of 4%

* FY profit attributable to shareholders of company

increased by 2% year-on-year to HK$434 million

* Board of directors has recommended payment of a final

dividend of 15.0 HK cents per share

* Management's outlook on Mainland China continues to be

cautiously optimistic

* "Our Hong Kong operations and management teams will strive

to maintain momentum in rental savings"

* "Regional economic environments are not conducive to

overall sales increases in medium term"

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