July 8, 2020 / 12:20 PM / a month ago

BRIEF-Wise Ally International Sees Consol Loss For HY Of Not Less Than HK$20 Million

July 8 (Reuters) - Wise Ally International Holdings Ltd :

* SEES CONSOL LOSS FOR HY OF NOT LESS THAN HK$20 MILLION

* EXPECTED RESULT DUE TO MATERIAL DECREASE IN HY REVENUE DUE TO COVID-19 PANDEMIC

* TAKEN MEASURES INCLUDING REDUNDANCIES OF CERTAIN EMPLOYEES, SALARY REDUCTION OF SENIOR MANAGEMENT Source text for Eikon: Further company coverage:

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