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RTNominal down0.075 -0.006 (-7.407%)

12/10/2021 11:30

Wai Chun Group (01013) sees increase in interim loss

[ET Net News Agency, 12 October 2021] Wai Chun Group Holdings Limited (01013) said the
group is expected to record an unaudited consolidated net loss of approximately HK$27
million for the six months ended 30 September 2021, which represents an increase of
approximately 49% as compared to the corresponding period in 2020.
The increase in consolidated net loss was primarily due to the increase in finance cost
for convertible bonds of approximately HK$15 million. The issuance of convertible bonds in
August and November 2020 and the convertible bonds were not yet redeemed during the 2021
period. (RC)

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