Jan 13 (Reuters) - Country Garden Services Holdings Co Ltd 6098.HK:
INSIDE INFORMATION ASSET IMPAIRMENT
IMPAIRMENT PROVISIONS FROM RMB800 MILLION TO RMB1,100 MILLION ARE TO BE MADE FOR ASSET WITH IMPAIRMENT FOR TWELVE MONTHS
SEES FY NET CASH GENERATED FROM OPERATING ACTIVITIES RMB3,300 MILLION TO RMB4,300 MILLION
EXPECTS NET PROFIT OF GROUP FOR FINANCIAL YEAR ENDED 31 DECEMBER 2024 WILL DECREASE BY RMB800 MILLION TO RMB1,100 MILLION
EXPECTED DECREASE IN FY NET PROFIT DUE TO IMPAIRMENT OF GOODWILL AND OTHER INTANGIBLE ASSETS
Further company coverage: 6098.HK
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