[Caihua News] YuGao Financial (08340-HK) announced that shareholders should account for a loss of 2,516 million yuan for the nine months ending September 30, 2019 (profit of 3.143 million yuan for the same period in 2018), with a loss of 0.39 cents per share. No dividends.
The economic outlook for the rest of 2019 remains uncertain, and global and local markets are expected to fluctuate. To maintain the Group's competitiveness in the market, the Group will continue to focus on corporate finance advisory services, placement and underwriting, and IPO related projects in Hong Kong. At the same time, the Group will also continue to seek business opportunities for other finance-related services.