Brief: AV Promotions Expects Significant Decrease In 9-Month Revenue
05/11/2020 10:54
Nov 5 (Reuters) - AV Promotions Holdings Ltd 8419.HK :
* AV PROMOTIONS SEES SIGNIFICANT DECREASE IN 9-MONTH REVENUE
BY
ABOUT 50%
* CUSTOMERS FOR Q4 EXPECTED TO DECLINE
* AV PROMOTIONS SEES 9-MONTH NET LOSS ATTRIBUTABLE OF NOT
MORE
THAN HK$10.0 MILLION
* EXPECTS ADVERSE AFFECT TO GROUP'S BUSINESS & PERFORMANCE
IN YEAR
ENDING 31 DEC
* EXPECTED LOSS DUE TO DECLINE IN REVENUE DUE TO
POSTPONEMENT AND
RESCHEDULING OF EVENTS
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4JL3Tp
Further company coverage: 8419.HK
(Reuters.Briefs@thomsonreuters.com)
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