Brief: Eternity Investment Reports HY Loss Attributable HK$66.2 Million

Eternity Investment

29/08/2022 14:39

Aug 29 (Reuters) - Eternity Investment Ltd  0764.HK :
    * HY LOSS ATTRIBUTABLE HK$66.2 MILLION VERSUS PROFIT HK$29.5
MILLION
    * SEES OUTLOOK FOR THE SECOND HALF OF 2022 REMAINS UNCERTAIN
    * HY REVENUE HK$81.5 MILLION VERSUS HK$154.2 MILLION
    * DIRECTORS INTEND TO MAINTAIN THE SIZE OF THE GROUP’S LOAN
PORTFOLIO IN THE H2 OF 2022
    * SEES INTEREST INCOME ON LOANS GENERATED FROM GROUP'S MONEY
LENDING BUSINESS IN H2 WILL BE MORE OR LESS SAME AS IN H1
    * EXPECT PERFORMANCE OF GROUP'S PROPERTY INVESTMENT BUSINESS
TO
IMPROVE IN Q4 OF 2022
    * SEES GROUP'S SALES OF JEWELRY BUSINESS MAY UNDERPERFORM IN
H2
COMPARED TO H1

Further company coverage:  0764.HK 

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