Brief: Avic Joy Holdings Hk Says Expected FY Net Loss About HK$232 Mln
27/11/2017 10:45
Nov 27 (Reuters) - Avic Joy Holdings Hk Ltd 0260.HK :
* IS EXPECTED TO RECORD A NET LOSS OF APPROXIMATELY HK$232
MILLION FOR YEAR ENDING 31 DECEMBER 2017
* EXPECTS THAT CASH FLOW IS INSUFFICIENT TO REPAY
OUTSTANDING
LOANS & TO REDEEM CONVERTIBLE NOTES
* IS PURSUING FINANCING METHODS TO ADDRESS LIQUIDITY
ISSUES; IS
CONSIDERING DISPOSAL OF ASSETS & BUSINESSES
Source text for Eikon: urn:newsml:reuters.com:*:nHKS6CTn1B
Further company coverage: 0260.HK
(bangalore.newsroom@thomsonreuters.com)
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