Brief: British Automotive Holding Creates Write-Off In Total Amount Of 64.2 Mln Zlotys

British Automotive Holding w Upadlosci SA

10/08/2020 07:42

Aug 10 (Reuters) - British Automotive Holding SA  BAHP.WA :
    * SAID ON FRIDAY THAT IT HAS DECIDED TO CREATE A WRITE-OFF
OF
BRITISH AUTOMOTIVE POLSKA SHARES OWNED BY THE COMPANY IN TOTAL
AMOUNT OF 64.2 MILLION ZLOTYS 
    * WRITE-OFF WILL LOWER COMPANY'S EQUITY VALUE IN STANDALONE
REPORT
FOR H1 WITHOUT AFFECTING GROUP'S CONSOLIDATED REPORT
    * DECISION TO CREATE THE WRITE-OFF IS DUE TO INFORMATION
FROM
JAGUAR LAND ROVER DEUTSCHLAND REGARDING IMPORTING ACTIVITY IN
POLAND  urn:newsml:reuters.com:*:nEM9yRZJda  

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7094fja
    
 Further company coverage:  BAHP.WA  
   


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