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1039 - Changyou Alliance News Story

HK$0.42 -0.0  -2.3%

Last Trade - 22/01/21

Sector
Technology
Size
Small Cap
Market Cap £71.5m
Enterprise Value £35.7m
Revenue £28.0m
Position in Universe 3652nd / 6123

BRIEF-Fortunet E-Commerce FY Loss Attributable Widens

Tue 31st March, 2020 3:34pm
March 31 (Reuters) - Fortunet E-Commerce Group Ltd
 1039.HK :
    * FY REVENUE RMB204.1 MILLION VERSUS RMB51.0 MILLION
    * COVID-19 PANDEMIC MAY IMPACT GROUP'S OPERATIONS AND
FINANCIAL
POSITION
    * COVID-19 PANDEMIC MAY IMPACT ON REPAYMENT ABILITIES OF
GROUP'S
DEBTORS
    * FY LOSS ATTRIBUTABLE RMB78.3 MILLION VERSUS LOSS OF
RMB69.2
MILLION
    * IMPACT ON REPAYMENT ABILITIES OF DEBTORS MAY RESULT IN
ADDITIONAL IMPAIRMENT LOSSES ON TRADE, OTHER RECEIVABLES IN
FUTURE PERIODS

Source text for Eikon:  ID:nHKS2BLncN 
Further company coverage:  1039.HK 

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