Brief: FDB Holdings Sees Net Loss Of HK$55 Mln To HK$65 Mln For Year
18/03/2024 13:56
March 18 (Reuters) - FDB Holdings Ltd 1826.HK :
* SEES NET LOSS HK$55.0 MILLION TO HK$65.0 MILLION FOR YEAR
* EXPECTED RESULT DUE TO IMPAIRMENT LOSS DUE TO EXPECTED
CREDIT
LOSS MODEL, NET OF REVERSAL, MAINLY FOR CONTRACT ASSETS OF
HK$30.5 MILLION IN FY
* SEES DECREASE IN REVENUE FOR YEAR
Further company coverage: 1826.HK
((Reuters.Briefs@thomsonreuters.com;))
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