Brief: Ten Square Games Says 2020 Operating Profit To Be Lower By 30.2 Mln Zlotys Due To Adjustments

Ten Square Games

18/03/2021 17:37

March 18 (Reuters) - Ten Square Games SA  TENP.WA :
    * MADE NON-CASH ADJUSTMENT CONSISTING IN DEFERRING OF 2020
REVENUES
    * MANAGEMENT DECIDED TO ADJUST AND LOWER 2020 REVENUE BY
43.2
MILLION ZLOTYS, AND LOWER OPERATING PROFIT BY 30.2 MILLION
ZLOTYS
    * SAYS ESTIMATES THAT RESPECTIVE ADJUSTMENT IN 2021 WILL
HAVE
SIGNIFICANTLY SMALLER IMPACT ON REVENUES AND OPERATING PROFIT
VERSUS 2020
    * CORRECTION IS NON-CASH AND HAS NO IMPACT ON COMPANY'S CASH
FLOW
OR PROFITABILITY

Source text for Eikon:  ID:nEMbyvlv6a 
Further company coverage:  TENP.WA 

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