Brief: Wisdom Sports Expects Number Of Marathon Events To Be Operated By Group For FY2019 To Decrease

China Frontier Technology

18/10/2019 12:47

Oct 18 (Reuters) - Wisdom Sports Group  1661.HK :
    * BOARD CONCLUDED IN AUG THAT GROUP WOULD NO LONGER HAVE
RIGHT TO
BE EXCLUSIVE CO-OPERATOR OF RUNNING IN CHINA MARATHONS
    * EXPECTED THAT NUMBER OF MARATHON EVENTS TO BE OPERATED BY
GROUP
FOR WHOLE FINANCIAL YEAR OF 2019 WILL DECREASE
    * FINANCIAL RESULTS OF GROUP FOR FINANCIAL YEAR OF 2019 MAY
BE
ADVERSELY AFFECTED

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Further company coverage:  1661.HK 

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