Brief: Adiuvo Investments Says Write-downs To Impact Q3 Earnings Before Taxes

Adiuvo Investments SA W Restrukturyzacji

24/11/2022 07:42

Nov 24 (Reuters) - Adiuvo Investments SA  ADV.WA :
    * SAID ON WEDNESDAY, IT HAS BOOKED WRITE-DOWNS FOR CAMBRIDGE
CHOCOLATE TECHNOLOGIES (CCT), ADIUVO MANAGEMENT, AND AIRWAY
MEDIX
    * THE WRITE-DOWNS BOOKED FOR CCT'S ASSETS VALUE AND R&D WORK
AMOUNT TO 12.47 MILLION ZLOTYS, AND 4.71 MILLION ZLOTYS,
RESPECTIVELY
    * THE WRITE-DOWN BOOKED FOR ADIUVO MANAGEMENT'S ASSETS VALUE
AMOUNTS TO 16.39 MILLION ZLOTYS
    * THE WRITE-DOWN BOOKED FOR AIRWAY MEDIX'S ASSETS VALUE
AMOUNTS TO
12.58 MILLION ZLOTYS
    * THE WRITE-DOWNS BOOKED WILL IMPACT COMPANY'S THIRD-QUARTER
EARNINGS BEFORE TAXES, WITH WRITE-DOWN BOOKED FOR ASSETS VALUE
IMPACTING STANDALONE RESULTS, AND THE WRITE-DOWN FOR R&D
IMPACTING CONSOLIDATED RESULTS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3lLJyYa
 Further company coverage:  ADV.WA  
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