A8 New Media Group Limited Provides Group Earnings Guidance or the Six Months Ended 30 June 2019
August 09, 2019 at 09:49 am EDT
A8 New Media Group Limited provided group earnings guidance or the six months ended 30 June 2019. The Group is expected to record a decrease in revenue of not less than 20% for the six months ended 30 June 2019 ("Period") as compared to that for the corresponding period in 2018. The Group is also expected to record a net loss of not less than RMB 3 million for the Period while a net profit was recorded for the same period last year. As at the date of this announcement, the specific figures are yet to be confirmed.