Brief: Glorious Sun Enterprises Expects To Record Substantial Impairment Loss On Its Debt Investments At Amortised Cost For FY2021
Jan 18 (Reuters) - Glorious Sun Enterprises Ltd 0393.HK :
* EXPECTED TO RECORD SUBSTANTIAL IMPAIRMENT LOSS ON ITS DEBT
INVESTMENTS AT AMORTISED COST FOR FY2021
* DOES NOT EXPECT IMPAIRMENT LOSS TO HAVE NEGATIVE IMPACT ON
AMOUNT OF DIVIDEND PER SHARE FOR FY21 IF & WHEN BOARD CONSIDERS
* PERFORMANCE OF OTHER OPERATIONS OF GROUP, NAMELY INTERIOR
DECORATION & RENOVATION, AMONG OTHERS, REMAINS STABLE FOR FY2021
Further company coverage: 0393.HK
((Reuters.Briefs@thomsonreuters.com;))
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