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2051 Vala News Story

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Consumer CyclicalsHighly SpeculativeSmall CapMomentum Trap

Brief: 51 Credit Card Sees Loss Attributable For Year Decrease In Range Of RMB63.0 Mln To RMB83.0 Mln

March 24 (Reuters) - 51 Credit Card Inc  2051.HK :
    * SEES  LOSS ATTRIBUTABLE FOR YEAR 2022 TO DECREASE
SIGNIFICANTLY
TO RANGE OF APPROXIMATELY RMB63.0 MILLION TO RMB83.0 MILLION
    * EXPECTED SIGNIFICANT DECREASE IN LOSS DUE TO IMPROVED
RECOVERY
OF OVERDUE ASSETS IN CREDIT FACILITATION ASSETS, AMONG OTHERS


Further company coverage:  2051.HK 

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

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