Brief: China Oceanwide Holdings Ltd Posts HY Revenue HK$28 Million

China Oceanwide Holdings

29/08/2022 16:12

Aug 29 (Reuters) - China Oceanwide Holdings Ltd  0715.HK :
    * HY REVENUE HK$28 MILLION VERSUS HK$54.6 MILLION
    * HY LOSS ATTRIBUTABLE HK$728.8 MILLION VERSUS LOSS OF
HK$567.9
MILLION
    * WILL CONTINUE TO DISPOSE OF ASSETS WHICH WILL NOT GENERATE
IMMEDIATE REVENUE, AMONG OTHERS TO REDUCE OVERALL LIABILITIES
    * WILL ACTIVELY SEEK ADDITIONAL BORROWINGS OR LOAN EXTENSION
TO
FINANCE SETTLEMENT OF ITS EXISTING FINANCIAL OBLIGATIONS

Further company coverage:  0715.HK 

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