Brief: New Sports Group updates on profit warning

Glory Sun Land

19/08/2016 10:08

Aug 19 (Reuters) - New Sports Group Ltd  0299.HK : 
 * Profit warning  0299.HK  
 * Is of the opinion that an additional impairment provision of approximately hk$176.5 million will be made in the financial report of group for HY 
 * Impairment provision is likely to have a further impact on the loss of the group for HY 
 * Says the possible impairment loss has no effect on the cash flow for the group's operation 
 * Source text (http://bit.ly/2b5Zvyh) 
 
 
 
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