Brief: Beijing Properties (Holdings) Says FY Revenue HK$710.8 Mln

Beijing Properties (Holdings)

31/03/2022 16:14

March 31 (Reuters) - Beijing Properties (Holdings) Ltd
 0925.HK :
    * FY REVENUE HK$710.8 MILLION VERSUS HK$688.4 MILLION
    * FY LOSS ATTRIBUTABLE HK$373.98 MILLION VERSUS LOSS OF
HK$270.63
MILLION
    * PLANS TO SELL SOME OF ITS RELATIVELY MATURE ASSETS THAT
ARE
READY FOR SALE BY WAY OF EQUITY  TRANSFERS
    * WILL INCREASE PROPORTION OF SERVICE BUSINESS & REDUCE
OPERATING
COSTS TO ACHIEVE OPERATING PROFIT


Further company coverage:  0925.HK 

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