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1290 — China Huirong Financial Holdings News Story

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Brief: China Huirong Financial Sees Decrease In Profit Attributable About 45% To 55% For Year

March 1 (Reuters) - China Huirong Financial Holdings Ltd
 1290.HK :
    * CHINA HUIRONG FINANCIAL HOLDINGS LTD SEES DECREASE IN
PROFIT
ATTRIBUTABLE APPROXIMATELY 45% TO 55% FOR YEAR
    * BOARD EXPECTS TO RECORD A SIGNIFICANT INCREASE IN REVENUE
BY
APPROXIMATELY 65% TO 75% FOR YEAR
    * EXPECTED PROFIT ATTRIBUTABLE DUE TO DECREASE IN INCOME
FROM
CHANGES IN FAIR VALUE OF GROUP
    * INCREASE IN REVENUE FOR YEAR DUE TO SIGNIFICANT INCREASE
IN
REVENUE GENERATED FROM SUPPLY CHAIN MANAGEMENT BUSINESS

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