Brief: Da Yu Financial Sees Consolidated Net Loss Of HK$170 Mln For Year
23/11/2023 11:40
Nov 23 (Reuters) - Da Yu Financial Holdings Ltd
1073.HK :
* SEES CONSOLIDATED NET LOSS OF HK$170 MILLION FOR YEAR
* EXPECTED RESULT DUE TO ANTICIPATED RECOGNITION OF NON-CASH
IMPAIRMENT LOSS ON GOODWILL OF HK$178 MILLION, AMONG OTHERS
* IMPAIRMENT LOSS ON GOODWILL WILL NOT HAVE ANY CASH FLOW
IMPACT
TO OPERATIONS OF GROUP
Further company coverage: 1073.HK
((Reuters.Briefs@thomsonreuters.com;))
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