Brief: China Huirong Financial Sees Significant Decrease In HY Revenue

China Huirong Financial Holdings

17/08/2020 15:39

Aug 17 (Reuters) - China Huirong Financial Holdings Ltd
 1290.HK :
    * CHINA HUIRONG FINANCIAL HOLDINGS LTD SEES  SIGNIFICANT
DECREASE
IN REVENUE OF 21% TO 24% FOR SIX MONTHS
    * CHINA HUIRONG FINANCIAL HOLDINGS LTD SEES  SIGNIFICANT
DECREASE
IN PROFIT ATTRIBUTABLE BY 95% TO 98% FOR SIX MONTHS
    * CHINA HUIRONG FINANCIAL HOLDINGS LTD -  DECREASE IN HY
REVENUE
DUE TO SLOWDOWN IN GROUP'S BUSINESS OPERATIONS AS A RESULT OF
COVID-19 OUTBREAK
    * CHINA HUIRONG FINANCIAL-  EXPECTED RESULT DUE TO SLOWDOWN
IN
GROUP'S BUSINESS OPERATIONS AS A RESULT OF RECENT OUTBREAK OF
CORONAVIRUS
    * CHINA HUIRONG FINANCIAL HOLDINGS LTD -  DECREASE IN HY
PROFIT
ATTRIBUTABLE DUE TO INCREASE IN PROVISION FOR ESTIMATED CREDIT
LOSSES OF GROUP

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3qX4DR
Further company coverage:  1290.HK 

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