Brief: Chuang's China Investments Says For Year 2022 Performance Of Bond Investment Was Adversely Affected
04/04/2022 15:53
April 4 (Reuters) - Chuang's China Investments Ltd
0298.HK :
* FOR YEAR 2022 PERFORMANCE OF BOND INVESTMENT WAS ADVERSELY
AFFECTED
* NET EFFECT OF PERFORMANCE OF BOND INVESTMENT IN 2022 IS A
LOSS
OF ABOUT HK$623 MILLION
* EXPECTS TO RECORD BOND INTEREST AND RELATED INCOME OF
ABOUT
HK$66 MILLION FOR 2022
* NOTE THAT UNREALIZED FAIR VALUE LOSS ON BOND INVESTMENT
ACCOUNTING LOSS WITH NO IMMEDIATE CASH FLOW IMPACT TO GROUP
Further company coverage: 0298.HK
((Reuters.Briefs@thomsonreuters.com;))
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