March 17, 2020 / 1:48 PM / 19 days ago

BRIEF-CNNC International Expects Significant Net Loss For 2019 Year

March 17 (Reuters) - CNNC International Ltd:

* EXPECTED SIGNIFICANT NET LOSS FOR 2019 YEAR

* EXPECTED RESULT DUE TO MATERIAL IMPAIRMENT OF GROUP’S MONGOLIAN MINING PROJECT POST DECREASE IN ITS FAIR VALUE VALUATION IN 2019

* EXPECTED SIGNIFICANT NET LOSS ATTRIBUTABLE FOR YEAR COMPARED TO A NET PROFIT IN PCP

* CORONAVIRUS EPIDEMIC AFFECTED OPERATIONS & BUSINESS LOGISTICAL ARRANGEMENTS OF GROUP’S SUPPLY CHAIN MANAGEMENT SERVICES Source text for Eikon: Further company coverage:

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