Brief: Newborn Town Sees Net Loss For Year About RMB375 Mln To RMB395 Mln

Newborn Town

08/03/2022 01:38

March 8 (Reuters) - Newborn Town Inc  9911.HK :
    * NEWBORN TOWN INC SEES NET LOSS FOR YEAR APPROXIMATELY
RMB375
MILLION TO RMB395 MILLION
    * NEWBORN TOWN INC SEES TOTAL REVENUE FOR YEAR TO BE
APPROXIMATELY
RMB2,300 MILLION TO RMB2,400 MILLION
    * NEWBORN TOWN INC SEES ADJUSTED NET PROFIT FOR YEAR TO BE
APPROXIMATELY RMB300 MILLION TO RMB320 MILLION
    * NEWBORN TOWN -  EXPECTED DECREASE IN NET LOSS CAUSED BY
ONE-OFF
SHARE-BASED COMPENSATION EXPENSES
    * NEWBORN TOWN INC SEES ADJUSTED EBITDA FOR YEAR
APPROXIMATELY
RMB350 MILLION TO RMB375 MILLION

Source text for Eikon:  ID: 
Further company coverage:  9911.HK 

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