BRIEF-MMG Says Review Revealed Impairment Indicators For Kinsevere Operation

Reuters01-27
BRIEF-MMG Says Review Revealed Impairment Indicators For Kinsevere Operation

Jan 27 (Reuters) - MMG Ltd 1208.HK:

  • REVIEW REVEALED SEVERAL IMPAIRMENT INDICATORS FOR KINSEVERE OPERATION

  • SEES NET PROFIT AFTER TAX ATTRIBUTABLE FOR YEAR IN RANGE OF US$500 MILLION TO US$520 MILLION

  • UNAUDITED PROFIT FOR FY2025 WILL BE NEGATIVELY IMPACTED BY IMPAIRMENT EXPENSE OF US$280 MILLION TO US$300 MILLION PRE-TAX

Further company coverage: 1208.HK

((Reuters.Briefs@thomsonreuters.com;))

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