Brief: Tan Chong International Expects Decrease In Profit Attributable For Year Ended Dec 31, 2019
03/01/2020 12:15
Jan 3 (Reuters) - Tan Chong International Ltd 0693.HK :
* EXPECT UNREALISED GAIN ON INVESTMENTS DESIGNATED AS AT
FAIR
VALUE THROUGH OTHER COMPREHENSIVE INCOME FOR YEAR ENDED 31 DEC
2019
* EXPECTS TO REPORT A MATERIAL DECREASE IN PROFIT
ATTRIBUTABLE TO
SHAREHOLDERS FOR YEAR ENDED 31 DECEMBER 2019
* EXPECTED DECREASE IN PROFIT DUE TO SUBSTANTIAL DECREASE IN
VEHICLE SALES VOLUME IN SINGAPORE, MALAYSIA, TAIWAN, CHINA
* EXPECTS TO RECORD UNAUDITED UNREALISED GAIN OF HK$309
MILLION
FOR YEAR ENDED 31 DEC 2019
Source text for Eikon: ID:nHKS9RxxK5
Further company coverage: 0693.HK
((Reuters.Briefs@thomsonreuters.com;))
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