Brief: PMPG Polskie Media Says 9.8 Mln Zloty Asset Impairment To Lower 2019 Net Profit

PMPG Polskie Media SA

24/12/2019 13:23

Dec 24 (Reuters) - PMPG Polskie Media SA  PGMP.WA :
    * SAID ON MONDAY IT HAS RESOLVED TO BOOK IMPAIRMENT LOSSES
OF A
TOTAL OF 9.8 MILLION ZLOTYS FOLLOWING THE VERIFICATION OF THE
VALUE OF ITS ASSETS
    * SAID DECISION TO BOOK IMPAIRMENT LOSSES FOLLOWS ITS
INTERNAL
VERIFICATION OF CREDITWORTHINESS OF DEBTORS
    * SAID IMPAIRMENT WILL LOWER THE COMPANY'S STANDALONE AND
CONSOLIDATED 2019 NET PROFIT BY 9.8 MILLION ZLOTYS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM70H5Wpa
    
 Further company coverage:  PGMP.WA  
   


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