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    Brief: Ground International Development Expects Net Loss Of Not Less Than RMB600 Mln For Six Months

    Picture of China Changbaishan International Holdings logoChina Changbaishan International Holdings
    01/11/2019 13:26
    Nov 1 (Reuters) - Ground International Development Ltd
 0989.HK :
    * ANTICIPATED THAT GROUP WILL RECORD A NET LOSS OF NOT LESS
THAN
RMB600 MILLION FOR SIX MONTHS
    * EXPECTED LOSS DUE TO DECREASE IN FAIR VALUE OF INVESTMENT
PROPERTIES IN HONG KONG
    * OVERALL REVENUE, OVERALL GROSS PROFIT EXPECTED TO DECREASE
BY
OVER RMB70 MILLION AND BY OVER RMB8 MILLION FOR INTERIM PERIOD

Source text for Eikon:  ID:nHKS4glGNR 
Further company coverage:  0989.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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