Brief: Capital Finance Holdings Sees Increase In QTRLY Loss Attributable By About 207%

Capital Finance Holdings

06/05/2020 13:05

May 6 (Reuters) - Capital Finance Holdings Ltd  8239.HK :
    * SEES AN INCREASE IN LOSS ATTRIBUTABLE FOR THREE MONTHS BY
ABOUT
207%
    * EXPECTED TO RECORD A DECREASE IN QTRLY TOTAL REVENUE BY
ABOUT
28%
    * EXPECTED INCREASE IN LOSS DUE TO UNFAVORABLE ECONOMIC
ENVIRONMENT & EXTREME MARKET AND OPERATING CONDITIONS CAUSED BY
COVID-19
    * SEES A CHARGE OF LOSS ALLOWANCE FOR EXPECTED CREDIT LOSSES
ON
LOANS TO CUSTOMERS OF ABOUT HK$12.7 MILLION IN QUARTER

Source text for Eikon:  ID:nHKS8wRDRY 
Further company coverage:  8239.HK 

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