Brief: Huabang Technology Sees A Net Loss Of About HK$64 Million To HK$68 Million For Six Months

Hunlicar

04/11/2021 10:34

Nov 4 (Reuters) - Huabang Technology:
    * SEES A NET LOSS OF ABOUT HK$64 MILLION TO HK$68 MILLION
FOR SIX
MONTHS
    * SEES  CURRENT RATIO OF GROUP 1.3 AS OF 30 SEPT
    * SEES TOTAL REVENUE OF CO WILL BE SIGNIFICANTLY INCREASED
BY
ABOUT 191% FOR 6M
    * EXPECTED LOSS DUE TO INCREASE IN PROVISION FOR EXPECTED
CREDIT
LOSS ALLOWANCE ON GROUP'S ACCOUNT RECEIVABLES

Further company coverage:  3638.HK 

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