Brief: Yanchang Petroleum International Sees A Loss Of Around HK$796 Million For Year
05/03/2021 09:54
March 5 (Reuters) - Yanchang Petroleum International Ltd
0346.HK :
* SEES A LOSS OF AROUND HK$796 MILLION FOR YEAR
* EXPECTED LOSS DUE TO CONVERTIBLE BONDS INTEREST OF AROUND
HK$12
MILLION INCURRED
* EXPECTED RESULT DUE TO COVID-19 PANDEMIC RESULTING IN
SUPPRESSED
DEMAND AND SHARP DECLINE IN OIL PRICES
Source text for Eikon: urn:newsml:reuters.com:*:nHKS1pCvpj
Further company coverage: 0346.HK
((Reuters.Briefs@thomsonreuters.com;))
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