Brief: Power Assets Sees One-Off Negative Impact Of About HK$800 In HY

Power Assets Holdings

06/05/2020 13:39

May 6 (Reuters) - Power Assets Holdings Ltd  0006.HK :
    * POWER ASSETS SEES ONE-OFF NEGATIVE IMPACT OF ABOUT HK$800
MILLION VIA SHARING RESULTS OF JV & ASSOCIATES IN FINANCIAL
STATEMENTS HY
    * EXPECTS TO HAVE ONE-OFF NEGATIVE IMPACT OF ABOUT HK$800
MILLION
FOR 6 MONTHS ENDING 30 JUNE 2020
    * NOTES UK GOVERNMENT PROPOSED CORPORATION TAX RATE
APPLICABLE
FROM 1 APRIL WILL REMAIN AT 19%, INSTEAD OF REDUCING TO 17% FROM
1 APRIL

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9jm4YT
Further company coverage:  0006.HK 

 (Reuters.Briefs@thomsonreuters.com)