BRIEF-Shimao Group Sees FY Net Loss RMB42.9 Billion To RMB43.9 Billion

Reuters

03/21

March 21 (Reuters) - Shimao Group Holdings Ltd 0813.HK:

SEES NET LOSS OF RMB42.9 BILLION TO RMB43.9 BILLION FOR YEAR
EXPECTED LOSS DUE TO CONTINUED DOWNTURN IN REAL ESTATE INDUSTRY, OTHERS

Further company coverage: 0813.HK

((Reuters.Briefs@thomsonreuters.com;;))

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