Edition:
India

Suncity Group Expects To Report A Reduction Of Loss By 15% To 25% For Six Months


Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::GROUP WILL RECORD A LOSS ATTRIBUTABLE FOR SIX MONTHS AND REPORT A REDUCTION OF LOSS BY 15% TO 25%.EXPECTED REDUCTION OF LOSS DUE TO DECREASE IN LOSS OF FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS.SUNCITY GROUP SEES HY GROSS PROFIT DOWN BY RMB 125 MILLION DUE TO SUBSTANTIAL DECREASE IN REVENUE FROM SALE OF PROPERTIES. 

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7 Aug 2020