Brief: Fortunet E-Commerce FY Loss Attributable Widens

Changyou International

31/03/2020 15:34

March 31 (Reuters) - Fortunet E-Commerce Group Ltd
 1039.HK :
    * FY REVENUE RMB204.1 MILLION VERSUS RMB51.0 MILLION
    * COVID-19 PANDEMIC MAY IMPACT GROUP'S OPERATIONS AND
FINANCIAL
POSITION
    * COVID-19 PANDEMIC MAY IMPACT ON REPAYMENT ABILITIES OF
GROUP'S
DEBTORS
    * FY LOSS ATTRIBUTABLE RMB78.3 MILLION VERSUS LOSS OF
RMB69.2
MILLION
    * IMPACT ON REPAYMENT ABILITIES OF DEBTORS MAY RESULT IN
ADDITIONAL IMPAIRMENT LOSSES ON TRADE, OTHER RECEIVABLES IN
FUTURE PERIODS

Source text for Eikon:  ID:nHKS2BLncN 
Further company coverage:  1039.HK 

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