Brief: Yuhua Energy Holdings Expects Substantial Net Loss Of About Hk$590 Mln For Year

Jintai Energy Holdings

24/03/2020 15:15

March 24 (Reuters) - Jintai Energy Holdings Ltd  2728.HK :
    * EXPECTS TO RECORD A SUBSTANTIAL NET LOSS OF ABOUT HK$590
MILLION
FOR YEAR
    * GROUP EXPECTS TO RECORD A SUBSTANTIAL NET LOSS FOR YEAR
    * GROUP EXPECTS TO RECORD A SUBSTANTIAL NET LOSS OF ABOUT
HK$590
MILLION FOR YEAR
    * EXPECTED RESULT DUE TO IMPAIRMENT OF TRADE RECEIVABLES
    * EXPECTED RESULT DUE TO  INCREASE IN FINANCE COST

Source text for Eikon:  ID:nHKS3DgmsQ 
Further company coverage:  2728.HK 

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