Brief: Newborn Town Inc Sees Net Profit For Year RMB750 Mln To RMB810 Mln

Newborn Town

05/03/2024 15:02

March 5 (Reuters) - Newborn Town Inc  9911.HK :
    * SEES NET PROFIT FOR YEAR WILL BE RMB750 MILLION TO RMB810
MILLION
    * SEES ADJUSTED EBITDA FOR YEAR RMB670 MILLION TO RMB730
MILLION
    * SEES PROFIT ATTRIBUTABLE FOR YEAR WILL BE RMB500 MILLION
TO
RMB560 MILLION
    * SEES TOTAL REVENUE WILL BE RMB3,270 MILLION TO RMB3,410
MILLION
FOR YEAR
    * EXPECTED INCREASES IN PROFIT DUE TO MARKET EXPANSION IN
MIDDLE
EAST AND NORTH AFRICA, AMONG OTHERS


Further company coverage:  9911.HK 

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