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00538 AJISEN (CHINA)
RTNominal unchange1.050 0.000 (0.000%)
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02/08/2019 14:58

Ajisen China (00538) sees huge decrease in interim net

[ET Net News Agency, 2 August 2019] Ajisen (China) Holdings Limited (00538) said it is
expected that the group may record a significant decrease in profit for the six months
ended 30 June 2019 as compared to the same period in 2018.
This is mainly due to the effects of the application of the Hong Kong Financial
Reporting Standard 16 "Leases" (effective from 1 January 2019) on expenditure, and the
expenses in promoting the brand image of the group in 2019. (RC)

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