Brief: Asia Pioneer Entertainment Sees Decline In FY Revenue By 81.1%
18/03/2022 10:20
March 18 (Reuters) - Asia Pioneer Entertainment Holdings Ltd
8400.HK :
* SEES SIGNIFICANT DECLINE IN REVENUE BY APPROXIMATELY 81.1%
FOR
YEAR
* ASIA SEES FURTHER WRITE-DOWN OF INVENTORIES TO NET
REALISABLE
VALUE OF APPROXIMATELY HK$3.3 MILLION FOR YEAR
* SEES DECREASE IN GROSS MARGIN FROM FOR YEAR TO 11.1%
* EXPECTED DECLINE IN REVENUE DUE TO ONGOING PANDEMIC
OUTBREAK OF
NOVEL CORONAVIRUS DISEASE 2019
Further company coverage: 8400.HK
((Reuters.Briefs@thomsonreuters.com;))
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