Brief: Newborn Town Sees FY Total Revenue Of About RMB1,100 Million To RMB1,250 Million

Newborn Town

03/03/2021 12:51

March 3 (Reuters) - Newborn Town Inc  9911.HK :
    * EXPECTED WILL RECORD A TOTAL REVENUE OF ABOUT RMB1,100
MILLION
TO RMB1,250 MILLION FOR YEAR
    * NEWBORN TOWN INC SEES NET PROFIT OF ABOUT RMB100 MILLION
TO
RMB120 MILLION FOR YEAR
    * NEWBORN TOWN INC SEES ADJUSTED NET PROFIT OF ABOUT RMB140
MILLION TO RMB160 MILLION FOR YEAR
    * NEWBORN TOWN INC SEES PROFIT ATTRIBUTABLE OF ABOUT RMB33
MILLION
TO RMB47 MILLION FOR YEAR
    * EXPECTED INCREASE IN FY NET PROFIT DUE TO GROWTH OF SOCIAL
NETWORKING BUSINESS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS88ffQg
Further company coverage:  9911.HK 

 (Reuters.Briefs@thomsonreuters.com)