Brief: Power Financial Group Issues Guidance
13/03/2019 11:10
March 13 (Reuters) - Power Financial Group Ltd 0397.HK :
* EXPECTED TO RECORD A LOSS OF ABOUT HK$150 MILLION ARISING
ON
FAIR VALUE CHANGES OF SUSPENDED INVESTMENTS FOR FY2018
* EXPECTED LOSS FOR THIS YEAR TO BE SUBSTANTIALLY LESS THAN
PREVIOUS YEAR
* EXPECTS AN IMPAIRMENT LOSS ON AMOUNTS DUE FROM ASSOCIATED
COS OF
ABOUT HK$37 MILLION FOR FY2018
Source text for Eikon: ID:nHKS77lGZJ
Further company coverage: 0397.HK
((Reuters.Briefs@thomsonreuters.com;))
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