February 26, 2020 / 9:39 AM / a month ago

BRIEF-Hongkong And Shanghai Hotels Sees Profit Attributable For 6-Mnths To Be Significantly Lower

Feb 26 (Reuters) - Hongkong and Shanghai Hotels Ltd :

* EXPECTS PROFIT ATTRIBUTABLE & UNDERLYING PROFIT FOR 6-MNTHS ENDING JUNE 30 TO BE SIGNIFICANTLY LOWER

* ANTICIPATES THAT UNAUDITED PROFIT ATTRIBUTABLE AND ITS UNDERLYING PROFIT FOR SIX MONTHS WILL BE SIGNIFICANTLY LOWER

* LOWER THAN EXPECTED UNAUDITED PROFIT ATTRIBUTABLE FOR FIRST HALF DUE TO OUTBREAK OF COVID-19

* ESTIMATES THAT GROUP WILL SUSTAIN AN OPERATING LOSS IN Q1 OF 2020 Source text for Eikon: Further company coverage:

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