Financial News
Written by: Zhang Weilun
2020-08-04 21:49
Last update date: 2020-08-04 21:49Apparel stock IT (0999) has earlier announced that it will experience losses in the first quarter of the current fiscal year as of the end of May this year. The company issued a supplement to the profit warning and expects to record a loss of no less than 100 million yuan during the period.
The company also pointed out that the board of directors reminded shareholders and potential investors that impairment assessments such as goodwill, property, furniture and equipment, and right-of-use assets have not yet been performed, and the management accounts as of the end of May this year have not been reviewed and audited by auditors.
IT closed at 1 yuan, with no rise or fall, with a turnover of 286,000 yuan.
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IT profit warning
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