Brief: Hao Bai International (Cayman) Sees Net Loss Of Not Less Than Hk$20 Mln For Year

Hao Bai International (Cayman)

03/06/2020 15:19

June 3 (Reuters) - Hao Bai International (Cayman) Ltd
 8431.HK :
    * SEES NET LOSS OF NOT LESS THAN HK$20 MILLION FOR YEAR
    * EXPECTED RESULT DUE TO SUBSTANTIAL DROP OF REVENUE
RECORDED BY
GROUP
    * SEES NET LOSS OF NOT LESS THAN HK$20 MILLION FOR YEAR
VERSUS NET
PROFIT OF ABOUT HK$3.0 MILLION
    * DURING YEAR, REVENUE DROPPED DUE TO ECONOMIC DOWNTURN IN
HK FROM
PROTESTS, VIOLENT DEMONSTRATIONS & PANDEMIC

Source text for Eikon:  ID:nHKSy7R96 
Further company coverage:  8431.HK 

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