Brief: Summit Ascent Sees Increase In Revenue Of 37%, Which Turns Adjusted EBITDA To Hk$60 Million For Six-Months

Summit Ascent Holdings

12/08/2022 16:17

Aug 12 (Reuters) - Summit Ascent  0102.HK :
    * SEES INCREASE IN REVENUE OF APPROXIMATELY 37%, WHICH TURNS
ADJUSTED EBITDA TO APPROXIMATELY HK$60 MILLION FOR SIX-MONTH
PERIOD
    * EXPECTED TO RECORD PROFIT FOR SIX-MONTH PERIOD OF NOT LESS
THAN
APPROXIMATELY HK$123 MILLION
    * EXPECTED RESULTS DUE TO NET EXCHANGE GAIN ON UNANTICIPATED
APPRECIATION OF RUSSIAN RUBLES, AMONG OTHERS

Further company coverage:  0102.HK 

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