Brief: Shentong Robot Education Group Sees Consol Net Loss Of Not More Than HK$240 Mln For Year

Shentong Robot Education

17/06/2020 15:26

June 17 (Reuters) - Shentong Robot Education Group Co Ltd
 8206.HK :
    * SHENTONG ROBOT EDUCATION GROUP CO LTD SEES CONSOL NET LOSS
OF
NOT MORE THAN HK$240 MILLION FOR YEAR
    * EXPECTED RESULT DUE TO INTERRUPTION OF BUSINESS OPERATIONS
CAUSED BY OUTBREAK OF COVID-19
    * SHENTONG ROBOT EDUCATION GROUP CO LTD EXPECTED RESULT DUE
TO
INTERRUPTION OF BUSINESS OPERATION CAUSED BY OUTBREAK OF
COVID-19
    * SHENTONG ROBOT EDUCATION GROUP CO SEES RECORD A DECREASE
IN
REVENUE BY ABOUT 20% TO 30% FOR YEAR
    * BOARD CONSIDERS FINANCIAL POSITION OF CO REMAINS SOUND &
IMPAIRMENT LOSSES WILL NOT HAVE ANY IMPACT ON CORE BUSINESS
OPERATIONS
    * SHENTONG ROBOT EDUCATION LTD SEES FY PROVISION OF
IMPAIRMENT OF
NOT MORE THAN HK$340 MILLION

Source text for Eikon:  ID:nHKS5h68Fn 
Further company coverage:  8206.HK 

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