Brief: Fulum Group Sees FY Loss Of About Hk$600 Mln To Hk$650 Mln
24/06/2020 16:12
June 24 (Reuters) - Fulum Group Holdings Ltd 1443.HK :
* FULUM GROUP SEES LOSS OF ABOUT HK$600 MILLION TO HK$650
MILLION
FOR YEAR
* FULUM GROUP SEES LOSS FOR YEAR VERSUS PROFIT OF HK$25.5
MILLION
* FULUM GROUP SEES DROP IN REVENUE IN RANGE OF 26% - 32% FOR
FY
* EXPECTED RESULT DUE TO IMPAIRMENT LOSS ON TRADE
RECEIVABLES
AMOUNTING TO ABOUT HK$250 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS5GzLlk
Further company coverage: 1443.HK
((Reuters.Briefs@thomsonreuters.com;))
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