Brief: Grand Ocean Advanced Resources Sees Loss After Tax Of HK$28 Mln For HY
14/08/2023 12:12
Aug 14 (Reuters) - Grand Ocean Advanced Resources Co Ltd
0065.HK :
* SEES LOSS AFTER TAX OF HK$28 MILLION FOR SIX MONTHS
* SEES DECREASE IN REVENUE FOR SIX MONTHS TO HK$82 MILLION
* SEES 408,000 TONNES OF COALS SOLD IN HY VERSUS 495,000
TONNES
* EXPECTED LOSS DUE TO RECOGNITION OF EXPENSE OF HK$23
MILLION FOR
SETTLEMENT AGREEMENT ENTERED BY UNIT IN HY
Further company coverage: 0065.HK
((Reuters.Briefs@thomsonreuters.com;))
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