Brief: Applied Development Holdings Ltd May Record A Loss Of About HK$105 MLN For 6 Months

Novautek Technologies

13/02/2020 10:39

Feb 13 (Reuters) - Applied Development Holdings Ltd
 0519.HK :
    * MAY RECORD A LOSS OF APPROXIMATELY HK$105 MILLION FOR SIX
MONTHS
    * EXPECTED RESULT DUE TO  A DECREASE IN FAIR VALUE OF
GROUP'S
FINANCIAL ASSETS
    * MAY RECORD A LOSS OF ABOUT HK$105 MILLION FOR SIX MONTHS
VERSUS
PROFIT OF ABOUT HK$38 MILLION
    * GROUP MAY RECORD A LOSS OF ABOUT HK$105 MILLION FOR SIX
MONTHS
VERSUS PROFIT OF ABOUT HK$38 MILLION

Source text for Eikon:  ID:nHKS8wZkCh 
Further company coverage:  0519.HK 

 (Reuters.Briefs@thomsonreuters.com)