Brief: Dynasty Fine Wines Group Says Anticipated Group To Continue To Record Consolidated Loss For FY
13/03/2020 13:20
March 13 (Reuters) - Dynasty Fine Wines Group Ltd 0828.HK :
* ANTICIPATED GROUP TO CONTINUE TO RECORD CONSOLIDATED LOSS
FOR
YEAR
* EXPECTED THAT UNAUDITED CONSOLIDATED LOSS FOR YEAR ENDED
WOULD
DECREASE BY A RANGE OF ABOUT 10% TO 20%
* EXPECTED DECREASE MAINLY CONTRIBUTED BY INCREASES IN COSTS
AND
EXPENSES SAVINGS
* FINANCIAL PERFORMANCE OF GROUP MAY BE AFFECTED BY
COVID-19OUTBREAK IN FIRST HALF OF 2020
* SINCE FEB 21 MAJORITIES OF OFFICES AND MANUFACTURING
FACILITIES
GRADUALLY RESUMED OPERATION, NOT EXPERIENCED MATERIAL
DISRUPTIONS
Source text for Eikon: urn:newsml:reuters.com:*:nHKS538q97
Further company coverage: 0828.HK
((Reuters.Briefs@thomsonreuters.com;))
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