Brief: Universe Entertainment And Culture Sees Revenue For Year Will Increase & Net Loss Will Decrease
17/07/2020 15:51
July 17 (Reuters) - Universe Entertainment and Culture Group
Company Ltd 1046.HK :
* EXPECT REVENUE FOR YEAR WILL INCREASE & NET LOSS WILL
DECREASE
* ORIGINAL SCHEDULE OF RELEASING NEW FILMS OF GROUP DELAYED
DUE TO
COVID-19, AFFECTED REVENUES AND RESULT IN 2020
* SEES INCREASE OF IMPAIRMENT LOSS OF FILMS RIGHTS & RELATED
DEPOSITS DURING YEAR
Source text for Eikon: ID:nHKS2GFZpb
Further company coverage: 1046.HK
((Reuters.Briefs@thomsonreuters.com;))
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