Brief: Changmao Biochemical Engineering Sees Significant Fall In Consol FY Net Profits

Changmao Biochemical Engineering

09/02/2018 08:31

Feb 9 (Reuters) - Changmao Biochemical Engineering Co Ltd 
 0954.HK : 
    * SEES ESTIMATED INCREASE IN GROUP'S REVENUE FOR FY 
    * SEES SIGNIFICANT DECLINE IN CONSOLIDATED FY NET PROFITS 
    * EXPECTED RESULT DUE TO SIGNIFICANT INCREASE IN RAW 
MATERIAL 
PRICE DURING YEAR ENDED 31 DEC 
    *  EXPECTED RESULT DUE TO DROP OF PROFIT MARGIN OF ITS 
PRODUCTS 
FROM INCREASE IN RAW MATERIAL PRICE 
 
Source text for Eikon:  ID:nHKS3S94tG  
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