Brief: China Finance Investment Holdings Expects A Net Loss Of About Hk$174 Mln For Year

Congyu Intelligent Agricultural Holdings

26/03/2019 12:09

March 26 (Reuters) - China Finance Investment Holdings Ltd
 0875.HK :
    * EXPECTED TO RECORD A NET LOSS OF APPROXIMATELY HK$174
MILLION
FOR YEAR
    * EXPECTED TO RECORD A NET LOSS OF APPROXIMATELY HK$174
MILLION
FOR YEAR ENDED 31 DECEMBER 2018
    * GROUP IS EXPECTED TO RECORD A NET LOSS OF APPROXIMATELY
HK$174
MILLION FOR YEAR
    * EXPECTED RESULT DUE TO IMPAIRMENT OF INVESTMENT IN AN
ASSOCIATE
OF ABOUT HK$45 MILLION
    * EXPECTED RESULT DUE TO IMPAIRMENT OF GOODWILL ON
ACQUISITION OF
MICRO FINANCE BUSINESS IN CHINA OF ABOUT HK$51 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSzwlW1
Further company coverage:  0875.HK 

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