Brief: Tan Chong International Sees Unaudited Unrealised Loss On Its Investments For Year
09/01/2023 15:21
Jan 9 (Reuters) - Tan Chong International 0693.HK :
* SEES UNAUDITED UNREALISED LOSS ON ITS INVESTMENTS
DESIGNATED AT
FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME FOR YEAR
* EXPECTED RESULT DUE TO SHARE PRICE CHANGES OF LISTED
INVESTMENTS, WHICH ARE MARKED TO MARKET AND THEREFORE UNREALISED
* EXPECTED UNREALISED LOSS FOR YEAR AMOUNTS TO HK$222
MILLION
* UNREALISED LOSS NOT EXPECTED TO BE RECLASSIFIED TO GROUP'S
CONSOL STATEMENT OF PROFIT OR LOSS
Source text for Eikon: ID:nHKS1XKmmH
Further company coverage: 0693.HK
((Reuters.Briefs@thomsonreuters.com;))
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