Brief: Huscoke Holdings Sees Operational Profit Of about HK$113 MLN For FY2020

Huscoke Holdings

18/03/2021 01:32

March 18 (Reuters) - Huscoke Holdings Ltd  0704.HK :
    * EXPECTED THAT GROUP WILL RECORD AN OPERATIONAL PROFIT OF
APPROXIMATELY HK$113 MILLION FOR FY2020
    * SEES CONSOLIDATED LOSS THAT IS BETWEEN ABOUT HK$142
MILLION TO
HK$398 MILLION FOR FY
    * EXPECTED OPERATIONAL PROFIT DUE TO DECREASE IN SELLING
EXPENSES
THROUGH CHANGE OF MEANS OF COKE TRANSPORTATION
    * EXPECTED CONSOL LOSS DUE TO RECOGNITION OF NON- CASH
IMPAIRMENT
OF PROPERTY, PLANT AND ASSETS OF GRG HUSCOKE

Source text for Eikon:  ID:nHKS7BktSh 
Further company coverage:  0704.HK 

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