Brief: Natural Beauty Bio-Technology Sees FY Revenue To Decrease To HK$410.5 Mln

Natural Beauty Bio-Technology

28/01/2021 15:08

Jan 28 (Reuters) - Natural Beauty Bio-Technology Ltd
 0157.HK :
    * REVENUE EXPECTED TO DECREASE TO HK$410.5 MILLION FOR YEAR
    * GROSS PROFIT EXPECTED TO DECREASE TO HK$241.0 MILLION FOR
YEAR
    * NET PROFIT EXPECTED TO DECREASE TO HK$3.4 MILLION FOR YEAR
    * EXPECTED REVENUE DECREASE DUE TO SUSPENSION OF BUSINESS OF
FRANCHISING STORES IN PRC DUE TO COVID-19
    * EXPECTED DECREASE IN GROUP'S NET PROFIT DUE TO INCREASE IN
GROUP'S ADMINISTRATIVE EXPENSES, AMONG OTHERS
    * DECREASE IN GROUP'S REVENUE DUE TO SUSPENSION OF BUSINESS
OF
GROUP'S FRANCHISING STORES IN PRC

Source text for Eikon:  ID:nHKS4t8yXC 
Further company coverage:  0157.HK 

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