Brief: Chinese Estates Sees Net Loss Of About HK$40 Mln For Six Months

Chinese Estates Holdings

04/08/2021 11:13

Aug 4 (Reuters) - Chinese Estates Holdings Ltd  0127.HK :
    * SEES NET LOSS OF ABOUT HK$40 MILLION (NOT "NET PROFIT
ATTRIBUTABLE OF HK$786 MILLION") FOR SIX MONTHS
    * SAYS  MAY RECORD A DECLINE IN HY REVENUE RANGING FROM 58%
TO 68%
    * SEES  HY LOSS BELOW HK$40 MILLION
    * MAY RECORD UNREALISED LOSS IN HY ON FAIR VALUE CHANGE OF
EVERGRANDE SHARES OF ABOUT HK$4.11 BILLION


Further company coverage:  0127.HK 

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