Brief: FIH Mobile Ltd Estimates Group's FY19 Turnover From Continuing Operations Will Exceed $14.378 Bln

FIH Mobile

17/03/2020 10:15

March 17 (Reuters) - FIH Mobile Ltd  2038.HK :
    * ESTIMATES THAT GROUP'S TURNOVER FROM ITS CONTINUING
OPERATIONS*
FOR FY 2019 WILL EXCEED US$14.378 BILLION
    * EXPECTS GROUP TO RECORD A CONSOLIDATED NET LOSS FOR FY
2019 OF
AROUND, OR BELOW, US$13 MILLION
    * GROSS MARGINS ARE EXPECTED TO BE A PROFIT OF AROUND 1.76%
FOR FY
2019 VERSUS LOSS OF 0.56% FOR FY 2018
    * EXPECTS OPERATING EXPENSES TO BE AROUND, OR BELOW, US$370
MILLION FOR FY 2019
    * EXPECTS GROUP'S OPERATING EXPENSES TO BE AROUND, OR BELOW,
US$370 MILLION FOR FY 2019

Source text for Eikon:  ID:nHKSBGH8V 
Further company coverage:  2038.HK 

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