March 23, 2020 / 3:53 PM / in 10 days

BRIEF-Shenwan Hongyuan Hk Posts FY Profit Attributable Hk$136.7 Mln

March 23 (Reuters) - Shenwan Hongyuan HK Ltd:

* FY PROFIT ATTRIBUTABLE HK$136.7 MILLION VERSUS HK$96.2 MILLION

* RESOLVED TO RECOMMEND PAYMENT OF A FINAL DIVIDEND OF HK3 CENTS PER ORDINARY SHARE

* FY REVENUE HK$675.6 MILLION VERSUS HK$519.6 MILLION

* DUE TO COVID-19, CORPORATE-FINANCE-RELATED BUSINESS OF GROUP MAY BE DEFERRED, INCOME LIKE TRANSACTION FEE & COMMISSION AFFECTED

* OUTBREAK OF COVID-19 RAISED UNCERTAINTY TOWARDS BUSINESS ENVIRONMENT AND OPERATIONS OF GROUP Source text for Eikon: Further company coverage:

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