Brief: Phoenix Media Investment Expects To Record Over HK$400 Mln Operating Loss For Six Months
July 25 (Reuters) - Phoenix Media Investment (Holdings) Ltd
2008.HK :
* EXPECTED TO RECORD A MORE THAN HK$400 MILLION OPERATING
LOSS FOR
SIX MONTHS ENDED 30 JUNE 2019
* PHOENIX MEDIA INVESTMENT-EXPECTED RESULT DUE TO SEVERE
TRADITIONAL MEDIA BUSINESS ENVIRONMENT & INCREASE IN
CONTRIBUTION TO STRATEGIC UPGRADE OF GROUP
Source text http://bit.ly/30WWn1L
Further company coverage: 2008.HK
((Reuters.Briefs@thomsonreuters.com;))
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