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00928 KING INTL INV
RTNominal up0.076 +0.006 (+8.571%)
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14/08/2019 15:52

Life Healthcare (00928) sees 26% increase in year loss

[ET Net News Agency, 14 August 2019] Life Healthcare Group Limited (00928) said the
loss attributable to shareholders for the year ended 31 March 2019 is expected to increase
by 26.12% as compared with that for the year ended 31 March 2018.
Such increase was mainly attributable to (i) the impairment loss on investment of HK$21
million; (ii) the impairment loss on interest in an associate of HK$17 million; and (iii)
legal and professional fees related to project investment activities of HK$13 million,
partially offset by (i) the gain on disposal of two subsidiaries of HK$13 million, and
(ii) the decrease in staff costs and general operating expenses of HK$11 million. (RC)

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