Correction: New Provenance Everlasting to Widen Full Year Loss
MT Newswires Live
Jun 23
(corrects the company name to New Provenance Everlasting in both the headline and lead)
New Provenance Everlasting Holdings (HKG:2326) expects an attributable loss of between HK$45 million and HK$50 million for the year ended March 31, up from HK$30.8 million a year prior, a Monday Hong Kong bourse filing said.
The metal minerals company attributed the wider loss mainly to lower revenue and gross profit, a write-down on inventories, and impairment of property, plant, equipment, and right-of-use assets.
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