Brief: Hong Kong Education Intl Investments Sees FY Profit Attributable Of Around HK$20 MLN

Bradaverse Education (Intl) Investments

29/07/2021 13:32

July 29 (Reuters) - Hong Kong Education Intl Investments Ltd
 1082.HK :
    * SEES SUBSTANTIAL DECREASE IN REVENUE FROM PROVISION OF
PRIVATE
EDUCATIONAL SERVICES OF AROUND 60% FOR FY
    * SEES PROFIT ATTRIBUTABLE OF AROUND HK$20 MILLION FOR FY
    * WITH ADJUSTMENTS, IT IS EXPECTED THAT GROUP WILL RECORD A
SEGMENTAL LOSS OF AROUND HK$7 MILLION FOR FY
    * EXPECTED PROFIT DUE TO REVERSAL OF IMPAIRMENT LOSS ON
OTHER LOAN
RECEIVABLES

Source text for Eikon:  ID:nHKS5Y8HyT 
Further company coverage:  1082.HK 

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