Brief: Meitu Inc Posts FY Adjusted Net Loss From Cont Ops Attributable Rmb190.8 Mln

Meitu

26/03/2020 09:10

March 26 (Reuters) - Meitu Inc  1357.HK :
    * ADJUSTED NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE
FOR
YEAR DOWN 77.7% TO RMB190.8 MILLION
    * FY  REVENUES REACHED RMB977.9 MLN, UP 3.2% YEAR OVER YEAR 
    * ALREADY FELT SOME NEGATIVE IMPACT IN ADVERTISING BUSINESS
DUE TO
NOVEL CORONAVIRUS (COVID-19) OUTBREAK
    * AT 2019-END, MAU WERE 282.5 MILLION VERSUS 306.3 MILLION
    * STILL TOO EARLY TO PREDICT PROFITABILITY IN 2020

Source text for Eikon:  ID:nHKS8pPrxL 
Further company coverage:  1357.HK 

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