Tan Chong International Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2020
July 03, 2020 at 05:49 am
Tan Chong International Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2020. The company Group expects to record an estimated after tax loss of HKD 60 million for the Period as compared to a profit of HKD 143 million for the corresponding period ended 30 June 2019. The Group is continuously evaluating the myriad of fiscal supports and monetary incentives given by various regional governments to help businesses mitigate the effects of COVID-19 pandemic. All other evolving factors have yet to be crystallized to determine conclusively the full financial impact to the Group for the Period.