Brief: Jia Yao Holdings Sees Net Loss After Tax For Six Months

Jia Yao Holdings

07/08/2019 16:07

Aug 7 (Reuters) - Jia Yao Holdings Ltd  1626.HK :
    * EXPECTED TO RECORD A NET LOSS AFTER TAX FOR SIX MONTHS
ENDED 30
JUNE 2019
    * NET LOSS AFTER TAX FOR SIX MONTHS ENDED 30 JUNE 2019 WILL
RANGE
FROM RMB6.5 MILLION TO RMB9.5 MILLION
    * EXPECTED RESULT DUE TO INCREASING COSTS OF RAW MATERIALS,
RECOGNITION OF FAIR VALUE LOSS ON CONVERTIBLE NOTES OF BOUT
RMB3.1 MILLION

Source text for Eikon:  ID:nHKS1R686k 
Further company coverage:  1626.HK 

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