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    2718 — Shanghai Dongzheng Automotive Finance Co News Story

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    Brief: Shanghai Dongzheng Automotive Finance Sees HY Net Loss

    Picture of Shanghai Dongzheng Automotive Finance Co logoShanghai Dongzheng Automotive Finance Co
    18/08/2021 13:43
    Aug 18 (Reuters) - Shanghai Dongzheng Automotive Finance Co
Ltd  2718.HK :
    * SEES NET LOSS RANGING FROM RMB245 MILLION TO RMB275
MILLION FOR
SIX MONTHS
    * EXPECTED LOSS DUE TO DECREASE IN NEW LOANS DISBURSED BY
COMPANY
SINCE 2020
    * SHANGHAI DONGZHENG AUTOMOTIVE FINANCE CO LTD SEES HY
IMPAIRMENT
LOSSES RANGING FROM RMB460 MILLION TO RMB500 MILLION


Further company coverage:  2718.HK 

 (Reuters.Briefs@thomsonreuters.com)

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