Brief: Qinqin Foodstuffs Expects FY Loss Of RMB81 Mln

Qinqin Foodstuffs Cayman

28/01/2022 08:53

Jan 28 (Reuters) - Qinqin Foodstuffs Group (Cayman) Company
Ltd  1583.HK :
    * SEES APPROXIMATE 9% INCREASE IN REVENUE FOR YEAR
    * SEES LOSS OF RMB81 MILLION FOR YEAR
    * EXPECTED LOSS DUE TO INCREASE IN PRODUCTION COSTS AND
ADMINISTRATIVE EXPENSES
    * EXPECTED RESULTS OF INCREASE IN REVENUE DUE TO INCREASE IN
SALES
VOLUME RESULTING FROM PRODUCT MIX AND SALES STRATEGIES

Further company coverage:  1583.HK 

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