Brief: Trigiant Group Says Unit Won Bid For Centralised Procurement Project Of China Mobile

Trigiant

20/09/2020 23:16

Sept 21 (Reuters) - Trigiant Group Ltd  1300.HK :
    * UNIT WON BID FOR CENTRALISED PROCUREMENT PROJECT OF CHINA
MOBILE
IN RESPECT OF POWER CABLES FROM 2020 TO 2021
    * EXPECTS THAT EXPECTED SUCCESSFUL BID WILL DRIVE GROUP'S
TURNOVER
IN RELEVANT FISCAL YEAR TO INCREASE BY ABOUT RMB950 MILLION
    * TRIGIANT TECHNOLOGY'S BIDDING PRICE EXCLUDING TAX IS
RMB3.17
BILLION AND TRIGIANT TECHNOLOGY IS AWARDED 30% OF TENDER
    * REVENUE FROM EXPECTED SUCCESSFUL BID IS EXPECTED TO BE
CONTINUOUSLY RECORDED IN H2 OF 2020 AND 2021
    * SEES SUCCESSFUL BID HAS POSITIVE IMPACT ON GROUP'S H2 2020
AND
YEAR 2021 RESULTS, AND WILL BE CONDUCIVE TO IMPROVING GROUP'S
PROFITABILITY

Source text for Eikon:  ID:nHKSb2wjs4 
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