Brief: Kwg Living Sees Significant Decrease In HY Unaudited Profits To Not More Than Rmb82.0 Million
22/08/2023 16:00
Aug 22 (Reuters) - Kwg Living Group Holdings Ltd
3913.HK :
* SEES SIGNIFICANT DECREASE IN UNAUDITED PROFITS TO NOT MORE
THAN
RMB82.0 MILLION FOR SIX MONTHS
* SEES UNAUDITED CORE NET PROFIT TO DECREASE TO NOT MORE
THAN
RM258.0 MILLION FOR SIX MONTHS
* EXPECTED RESULT DUE TO INCREASE IN IMPAIRMENT LOSSES
PROVIDED
FOR ACCOUNT RECEIVABLES AND GOODWILL DURING HY
Further company coverage: 3913.HK
((Reuters.Briefs@thomsonreuters.com;))
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