Brief: Cnnc International Says Net Loss Attributable For FY Would Be Adjusted To Not Less Than HK$219 Mln
05/05/2020 15:39
May 5 (Reuters) - CNNC International Ltd 2302.HK :
* NET LOSS ATTRIBUTABLE FOR 2019 YEAR WOULD BE ADJUSTED TO
NOT
LESS THAN HK$219 MILLION
* EXPECTS FULL IMPAIRMENT LOSS FOR GROUP'S MONGOLIAN MINING
PROJECT IN AMOUNT OF ABOUT HK$210.4 MILLION FOR YEAR
* IN RELATION TO FACILITY AGREEMENT OF UP TO HK$300 MILLION,
FINANCIAL INSTITUTION AGREED TO ADJUST RATIO TO NOT MORE THAN
72%
Source text for Eikon: ID:nHKSbzTwVR
Further company coverage: 2302.HK
((Reuters.Briefs@thomsonreuters.com;))
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