Brief: Hing Lee (Hk) Expects To Record A Decrease In Consolidated Revenue Of 14.0% For Year

Hing Lee (HK) Holdings

11/03/2022 11:12

March 11 (Reuters) - Hing Lee (Hk) Holdings Ltd  0396.HK :
    * EXPECTS TO RECORD A DECREASE IN CONSOLIDATED REVENUE OF
14.0%
FOR YEAR
    * EXPECTED DECREASE IN REVENUE DUE TO  CAUTIOUS SLOWDOWN IN
CUSTOMERS' BUSINESS DUE TO RECENT DOWNTURN OF ECONOMY, AMONG
OTHERS
    * SEES CONSOLIDATED NET LOSS OF APPROXIMATELY HKD6.0 MILLION
FOR
YEAR
    * EXPECTED NET LOSS DUE TO LOW LEVEL OF MARKETING
ACTIVITIES,
AMONG OTHERS

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