Brief: CNNC International Expects Significant Net Loss For 2019 Year
17/03/2020 13:46
March 17 (Reuters) - CNNC International Ltd 2302.HK :
* EXPECTED SIGNIFICANT NET LOSS FOR 2019 YEAR
* EXPECTED RESULT DUE TO MATERIAL IMPAIRMENT OF GROUP'S
MONGOLIAN
MINING PROJECT POST DECREASE IN ITS FAIR VALUE VALUATION IN 2019
* EXPECTED SIGNIFICANT NET LOSS ATTRIBUTABLE FOR YEAR
COMPARED TO
A NET PROFIT IN PCP
* CORONAVIRUS EPIDEMIC AFFECTED OPERATIONS & BUSINESS
LOGISTICAL
ARRANGEMENTS OF GROUP'S SUPPLY CHAIN MANAGEMENT SERVICES
Source text for Eikon: urn:newsml:reuters.com:*:nHKS1QNYGP
Further company coverage: 2302.HK
((Reuters.Briefs@thomsonreuters.com;))
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