Brief: Zhong An Sees Consol Revenue For Year Decrease By Not More Than 35%

Zhong An

18/03/2022 08:44

March 18 (Reuters) - Zhong An Group Ltd  0672.HK :
    * ZHONG AN GROUP LTD SEES CONSOL REVENUE FOR YEAR DECREASE
BY NOT
MORE THAN 35%
    * ZHONG AN GROUP LTD SEES CONSOLIDATED NET PROFIT FOR YEAR
WILL
DECREASE BY NOT MORE THAN APPROXIMATELY 97%
    * RECORDED A CONTRACTED SALES REVENUE OF NOT LESS THAN
APPROXIMATELY RMB27,900 MILLION FOR YEAR
    * SEES CONSOLIDATED REVENUE FOR YEAR WILL DECREASE BY NOT
MORE
THAN APPROXIMATELY 35%
    * EXPECTED DECREASE IN CONSOL NET PROFIT DUE TO ABSENCE OF
FAIR
VALUE GAIN UPON TRANSFER TO INVESTMENT PROPERTIES OF GROUP FOR
YEAR
    * EXPECTED CONSOL REVENUE DUE TO A PART OF GROUP'S PRE-SOLD
PROPERTIES IN RECENT YEARS ARE NOT DUE TO BE DELIVERED, AMONG
OTHERS

Further company coverage:  0672.HK 

 (Reuters.briefs@thomsonreuters.com)