Brief: Wisdom Sports Group Sees Loss Of Not Less Than RMB 400 Mln For Financial Year Ended 31 Dec 2019

China Frontier Technology

02/03/2020 12:15

March 2 (Reuters) - Wisdom Sports Group  1661.HK :
    * EXPECTED THAT GROUP WOULD RECORD LOSS OF NOT LESS THAN
RMB400.0
MILLION FOR FINANCIAL YEAR ENDED 31 DEC 2019
    * GROUP EXPECTS LOSS OF NOT LESS THAN RMB400.0 MILLION FOR
FY
VERSUS PROFIT OF ABOUT RMB52.0 MILLION
    * CURRENTLY ANTICIPATED THAT GROUP'S REVENUE WILL DROP ABOUT
 65%
FOR FY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2CGmrp
Further company coverage:  1661.HK 

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