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1290 — China Huirong Financial Holdings News Story

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Brief: China Huirong Financial Holdings Ltd Sees Decrease In Revenue By About 2% To 4% For HY

Aug 11 (Reuters) - China Huirong Financial Holdings Ltd
 1290.HK :
    * SEES DECREASE IN REVENUE BY APPROXIMATELY 2% TO 4% FOR HY
    * SEES INCREASE IN PROFIT ATTRIBUTABLE BY ABOUT 1,400% TO
1,600%
FOR HY
    * EXPECTED DECREASE IN REVENUE DUE TO DECREASE IN COMMISSION
FEE
INCOME AND CONSULTANCY FEE INCOME
    * EXPECTED INCREASE IN PROFIT DUE TO COMBINED EFFECT OF
DECREASE
IN EXPECTED CREDIT LOSSES, DECREASE IN INTEREST EXPENSE

Further company coverage:  1290.HK 

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

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