[ET Net News Agency, 19 September 2019] DeTai New Energy Group Limited (00559) said the
group is expected to record an increase in the net loss for the year ended 30 June 2019 as
compared to that for the year ended 30 June 2018.
The increase was mainly attributable to the net off of (i) the absence of the gain on
change in fair value of financial liabilities at fair value through profit or loss; (ii)
the increase in impairment loss on loans receivable and (iii) the decrease in impairment
losses on intangible assets and goodwill. (RC)