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NCTY — The9 News Story

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Brief: The9 Ltd Says Made Error In Accounting Treatment On Extinguishment Of Convertible Notes

March 23 (Reuters) - The9 Ltd  NCTY.O :
    * THE9 LTD - MADE ERROR IN ACCOUNTING TREATMENT ON
EXTINGUISHMENT
OF CONVERTIBLE NOTES
    * THE9 LTD - HAD OMITTED RECLASSIFICATION FOR CERTAIN LINE
ITEMS
TO CONSOLIDATED FINANCIAL STATEMENTS AS OF & FOR SIX MONTHS
ENDED JUNE 30, 2020
    * THE9 LTD - IDENTIFIED INADVERTENT ERROR, DETERMINED TO
RESTATE
UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF & FOR
6 MONTHS ENDED JUNE 30, 2020

Source text: (https://bit.ly/3sfBddi)
Further company coverage:  NCTY.O 

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

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