Brief: China Oceanwide Says It Recorded Consol Revenue Of HK$28.0 Mln For 5 Months

China Oceanwide Holdings

24/06/2022 11:27

June 24 (Reuters) - China Oceanwide Holdings Ltd  0715.HK :
    * HAS RECORDED A CONSOLIDATED REVENUE OF APPROXIMATELY
HK$28.0
MILLION FOR FIVE MONTHS
    * EXPECTED REVENUE DUE TO DECONSOLIDATION OF FINANCIAL
RESULTS OF
CHINA OCEANWIDE PROPERTY, UNITS FROM CONSOL RESULTS OF GROUP
    * NET LOSS ATTRIBUTABLE FOR FIVE MONTHS PERIOD WAS
APPROXIMATELY
HK$580.1 MILLION
    * EXPECTED NET LOSS ATTRIBUTABLE DUE TO INCREASE IN PENALTY
INTEREST EXPENSES DURING PERIOD, AMONG OTHERS

Further company coverage:  0715.HK 

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