Brief: China Huirong Financial Expects Decrease In FY Profit Attributable
17/03/2021 15:27
March 17 (Reuters) - China Huirong Financial Holdings Ltd
1290.HK :
* CHINA HUIRONG FINANCIAL HOLDINGS EXPECTS DECREASE IN
PROFIT
ATTRIBUTABLE OF ABOUT 94% TO 97% FOR YEAR
* CHINA HUIRONG FINANCIAL HOLDINGS LTD SEES A SIGNIFICANT
DECREASE
IN REVENUE OF ABOUT 23% TO 26% FOR YEAR
* EXPECTED REVENUE DUE TO SLOWDOWN IN GROUP'S BUSINESS
OPERATIONS
* EXPECTED DECREASE IN PROFIT ATTRIBUTABLE DUE TO INCREASE
IN
PROVISION FOR ESTIMATED CREDIT LOSSES OF GROUP
Source text for Eikon: urn:newsml:reuters.com:*:nHKS41njd9
Further company coverage: 1290.HK
(Reuters.Briefs@thomsonreuters.com)
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