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2718 Shanghai Dongzheng Automotive Finance Co News Story

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Brief: Shanghai Dongzheng Automotive Finance Sees Unaudited Net Profit From RMB41 Mln To RMB72 Mln For Year

March 26 (Reuters) - Shanghai Dongzheng Automotive Finance
Co Ltd  2718.HK :
    * SEES  AN UNAUDITED NET PROFIT RANGING FROM RMB41 MILLION
TO
RMB72 MILLION FOR YEAR
    * SEES IMPAIRMENT LOSSES OF RMB360 MILLION TO RMB400 MILLION
FOR
YEAR
    * EXPECTED RESULT DUE TO  DECREASE IN NEW LOANS DISBURSED BY
CO
ATTRIBUTABLE TO OUTBREAK OF COVID-19 PANDEMIC

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS91b7Cc
Further company coverage:  2718.HK 

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

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