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00993 HUARONG INT FIN
RTNominal down0.050 -0.001 (-1.961%)
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20/03/2020 15:55

Huarong Int Fin (00993) expects to record year loss

[ET Net News Agency, 20 March 2020] Huarong International Financial Holdings Limited
(00993) said the group is expected to record a net loss for the year ended 31 December
2019, the amount of which is expected to be similar to that for the year ended 31 December
2018, but represent a substantial increase as compared to the net loss reported for the
six months ended 30 June 2019.
Such increase of net loss is mainly due to the complex and volatile economic environment
and the continued downturn volatility of the Hong Kong securities market in the second
half of 2019. (RC)

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