Brief: AV Concept Holdings issues positive profit alert

AV Concept Holdings

16/06/2016 12:19

June 16 (Reuters) - AV Concept Holdings Ltd  0595.HK : 
 * Hold-positive profit alert  0595.HK  
 * Company is expected to record a profit for FY 2016 
 * Revenue for FY 2016 is expected to substantially decrease as compared with 
   that for FY 2015 
 * Revenue decreased due to a drop of more than 40% of revenue from the 
   semiconductor distribution business segment of the group 
 * Expected that profit for FY 2016 was due to decrease of more than 60% in fair 
   value losses on equity investments at fair value through profit or loss for 
   FY 2016 
 
 * Source text for Eikon  ID:nHKS16M6Jh  
 
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