Brief: Bank Of Jinzhou Co Sees Net Loss Of For HY 2019

Bank of Jinzhou Co

20/08/2019 10:39

Aug 20 (Reuters) - Bank of Jinzhou Co Ltd  0416.HK :
    * EXPECTED TO RECORD A NET LOSS OF APPROXIMATELY RMB500
MILLION TO
RMB1,000 MILLION FOR SIX MONTHS ENDED 30 JUNE 2019
    * EXPECTED RESULT DUE TO INCREASED PROVISION OF IMPAIRMENT
OF
FINANCIAL ASSETS
    * EXPECTS HY  NET LOSS OF RMB500 MILLION TO RMB1,000 MILLION
COMPARED WITH A NET PROFIT OF RMB4,340 MILLION IN PCP
    * GROUP IS EXPECTED TO RECORD A NET LOSS OF ABOUT RMB4,000
MILLION
TO RMB5,000 MILLION FOR YEAR ENDED 31 DECEMBER 2018

Source text for Eikon:  ID:nHKS4pcXxJ 
Further company coverage:  0416.HK 

 ((Reuters.Briefs@thomsonreuters.com;))