Brief: China Gingko Education Group Sees Drop in HY Net Profit Of About 8%-15%
17/08/2020 15:42
Aug 17 (Reuters) - China Gingko Education Group Company Ltd
1851.HK :
* EXPECTED TO RECORD A DECREASE IN NET PROFIT OF ABOUT
8%-15% FOR
SIX MONTHS
* CHINA GINGKO EDUCATION GROUP SEES DECREASE IN HY ADJUSTED
NET
PROFIT OF ABOUT 20%-25%
* EXPECTED DECREASE OF ADJUSTED NET PROFIT IS PRIMARILY DUE
TO
DECREASE IN REVENUE AND INCREASE IN ADMINISTRATIVE EXPENSES
Source text for Eikon: urn:newsml:reuters.com:*:nHKS3z2ksS
Further company coverage: 1851.HK
(Reuters.Briefs@thomsonreuters.com)
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