Brief: Alco Holdings Sees FY Net Loss In Range Of Hk$580 Mln To Hk$620 Mln

Alco Holdings

23/06/2020 16:10

June 23 (Reuters) - Alco Holdings Ltd  0328.HK :
    * ALCO HOLDINGS LTD SEES  NET LOSS IN RANGE OF HK$580
MILLION TO
HK$620 MILLION FOR YEAR
    * ALCO HOLDINGS LTD SEES  SALES DROP BY ABOUT 40% FOR FY
    * ALCO HOLDINGS LTD - EXPECTED RESULT DUE TO SINO-U.S. TRADE
WAR &
OUTBREAK OF COVID-19
    * ALCO HOLDINGS LTD SEES  IMPAIRMENT OF ASSETS ABOUT HK$160
MILLION FOR FY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7V9fh5
Further company coverage:  0328.HK 

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