Brief: Idreamsky Technology Sees Net Loss For FY Of About RMB550 Mln To RMB650 Mln
11/03/2021 15:32
March 11 (Reuters) - iDreamSky Technology Holdings Ltd
1119.HK :
* SEES NET LOSS FOR FY2020 OF ABOUT RMB550 MILLION TO RMB650
MILLION
* TOTAL REVENUE FOR FY2020 IS EXPECTED TO INCREASE BY
APPROXIMATELY 15%
* EXPECTED LOSS DUE TO EXPECTED IMPAIRMENT OF GOODWILL
AMOUNTING
TO ABOUT RMB490 MILLION TO RMB510 MILLION
Source text for Eikon: ID:nHKS2G51T4
Further company coverage: 1119.HK
((reuters.briefs@thomsonreuters.com))
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