Brief: New City Development Group Sees FY Net Loss Of About Hk$20 Mln
19/03/2020 14:00
March 19 (Reuters) - New City Development Group Ltd
0456.HK :
* EXPECTS TO RECORD A NET LOSS OF ABOUT HK$20 MILLION FOR
YEAR
* EXPECTED RESULT DUE TOTO ABSENCE OF FAIR VALUE GAIN ON
INVESTMENT PROPERTIES OF ABOUT HK$56.9 MILLION RECORDED IN 2018
Source text for Eikon: urn:newsml:reuters.com:*:nHKS5cwjK4
Further company coverage: 0456.HK
((Reuters.Briefs@thomsonreuters.com;))
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