Brief: Tibet Water Resources Posts FY Loss Attributable Of RMB745.1 Million

5100 Xizang Glacier

31/03/2020 15:27

March 31 (Reuters) - Tibet Water Resources Ltd  1115.HK :
    * FY LOSS ATTRIBUTABLE RMB745.1 MILLION VERSUS PROFIT OF
RMB317.5
MILLION
    * FY REVENUE FROM CONTRACTS WITH CUSTOMERS RMB721.5 MILLION
VERSUS
RMB880.7 MILLION
    * THERE WERE TEMPORARY SERIOUS ADVERSE EFFECTS ON GROUP'S
WATER
BUSINESS DURING LATE JANUARY AND FEBRUARY 2020
    * GROUP CONSIDERS COVID-19, DEPENDING ON FUTURE
DEVELOPMENTS, MAY
HAVE NEGATIVE IMPACT ON GROUP

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS23NmXY
Further company coverage:  1115.HK 

 ((Reuters.Briefs@thomsonreuters.com;))