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