Brief: Shangri-La Asia Says May Report A Loss For Six Months

Shangri-La Asia

05/06/2020 15:34

June 5 (Reuters) - Shangri-La Asia Ltd  0069.HK :
    * GROUP MAY REPORT A LOSS FOR SIX MONTHS
    * EXPECTED RESULT DUE MAINLY TO SEVERE BUSINESS DISRUPTIONS
CAUSED
BY COVID-19 PANDEMIC
    * IF PANDEMIC CONTINUES TO SEVERELY IMPACT GROUP'S
OPERATIONS IN
REMAINDER OF YEAR, MAY ALSO REPORT LOSS IN FY RESULTS
    * AS AT 30 APRIL, GROUP HAD CASH & CASH EQUIVALENTS OF
USD1.1
BILLION AS WELL AS USD840 MILLION OF COMMITTED UNDRAWN
FACILITIES

Source text for Eikon:  ID:nHKSbqqxxY 
Further company coverage:  0069.HK 

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