Li & Fung Limited (LFUGF) CEO Spencer Fung on Q2 2019 Results - Earnings Call Transcript [Seeking Alpha]
LI & FUNG LTD ADR (LFUGY)
NASDAQ:AMEX Investor Relations:
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Source: Seeking Alpha
Li & Fung Limited (LFUGF) CEO Spencer Fung on Q2 2019 Results - Earnings Call Transcript Li & Fung Limited ( OTCPK:LFUGF Company Participants Spencer Fung - CEO Hi, good afternoon, everybody. Welcome to the Li & Fung 2019 interim results. Happy to see everybody, it's only been about eight weeks, I think, since I last saw most of you, and thank you for coming to the Investor Day. But let's just say that a lot has happened in the last eight weeks. Obviously, it's all based on Twitter. So let me just start by saying that 2019 is a restructuring year for us because we announced a major restructuring last August. So in the first half, the new management team has been busy, actually putting different processes in place, putting new people in the teams. And so far that's been going well. I think both, our customers, our staff and our suppliers, have felt the impact of the restructuring positively, and we're also seeing customer respond to our improved operational KPIs. As a result, we also s
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