Brief: China Hongguang Sees Significant Decrease In FY Net Profit
09/03/2021 12:42
March 9 (Reuters) - China Hongguang Holdings Ltd 8646.HK :
* EXPECTED TO RECORD A SIGNIFICANT DECREASE IN NET PROFIT
FOR YEAR
* CHINA HONGGUANG HOLDINGS LTD SEES SIGNIFICANT DECREASE IN
NET
PROFIT FOR YEAR BY ABOUT 60%
* CHINA HONGGUANG SEES DECLINE IN REVENUE BY ABOUT 22% FOR
YEAR
* EXPECTED RESULT DUE TO POSTPONEMENT IN RESUMING GROUP'S
PRODUCTION & OPERATION DUE TO IMPACT OF CORONAVIRUS
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4bqdL6
Further company coverage: 8646.HK
(Reuters.Briefs@thomsonreuters.com)
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