Brief: Honbridge Holdings Sees HK$12.0 Million Revenue For Q1
05/05/2022 11:20
May 5 (Reuters) - Honbridge Holdings Ltd 8137.HK :
* SEES HK$12.0 MILLION REVENUE FOR Q1
* IN Q1 LOSS ATTRIBUTABLE WAS APPROXIMATELY HK$56.0 MILLION
VERSUS
PROFIT OF HK$155 MILLION
* EXPECTED REVENUE DUE TO DECREASE IN DEMAND OF LITHIUM-ION
BATTERIES FROM VOLVO CAR, AMONG OTHERS
* CHANGE FROM PROFIT TO LOSS DUE TO DECREASED IN SHARE PRICE
OF
FINANCIAL ASSET AT FAIR VALUE DURING Q1 2022
Further company coverage: 8137.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Honbridge Holdings
See all newsBrief: Honbridge To Buy 51% Interest In Juneng (Jiangsu) Power Technology For RMB424.8 Million
Brief: Honbridge Holdings To Buy 73% Equity Interest In Bona Global
Brief: Honbridge Holdings Agrees To Issue 2.43 Billion Shares To Hong Bridge Capital
Brief: Honbridge Holdings Appoints Huang Jin Hong As Vice-President
Brief: Honbridge Entered Into Memorandum With Dongfang Yilin Industrial