Brief: Kingwell Group Expects Increase In Net Loss For Year
11/09/2020 11:29
Sept 11 (Reuters) - Kingwell Group Ltd 1195.HK :
* EXPECTS INCREASE IN NET LOSS FOR YEAR BETWEEN ABOUT RMB24
MILLION AND RMB30 MILLION
* EXPECTED RESULT DUE TO IMPAIRMENT PROVISION FOR INTANGIBLE
ASSETS OF RUSSIA GOLD MINE
* EXPECTS RUSSIA GOLD MINE WILL ONLY MAINTAIN MINIMUM
OPERATION BY
OUTSOURCING CONTRACTOR IN 2020 AND 2021
* EXPECTS RUSSIA GOLD MINE WILL ONLY MAINTAIN MINIMUM
OPERATIONS
BY OUTSOURCING CONTRACTOR IN 2020 AND 2021
Source text for Eikon: ID:nHKS12Lw5K
Further company coverage: 1195.HK
((Reuters.Briefs@thomsonreuters.com;))
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