Sino Splendid Holdings Limited Provides Unaudited Preliminary Consolidated Earnings Guidance for the Six Months Ended 30 June 2020
July 30, 2020 at 04:32 am EDT
Sino Splendid Holdings Limited provided unaudited preliminary consolidated earnings guidance for the six months ended 30 June 2020. The Group is expected to record a decrease of revenue by approximately 60% to approximately
HKD 19.7 million for the six months ended 30 June 2020 (the "2020 Interim Period") from approximately HKD 48.5 million for the six months ended 30 June 2019 (the "2019 InterimPeriod") and the Group anticipates to record a net loss of approximately HKD 9.0 million for the 2020 Interim Period as compared to a net loss of approximately HKD 5.0 million for the 2019 Interim Period.