Brief: China Merchants Land Expects HY Net Profit And Net Profit Attributable Will Decrease
13/07/2020 16:11
July 13 (Reuters) - China Merchants Land Ltd 0978.HK :
* EXPECT NET PROFIT AND NET PROFIT ATTRIBUTABLE WILL
DECREASE BY
ABOUT 69% AND ABOUT 80% RESPECTIVELY FOR HY
* SEES HY NET PROFIT AND NET PROFIT ATTRIBUTABLE TO DECREASE
BY
ABOUT 69% & ABOUT 80% RESPECTIVELY
* EXPECTED DECREASE IN PROFIT PRIMARILY DUE TO SIGNIFICANT
DECREASE IN INCOME FROM ASSOCIATES AND JOINT VENTURES
Source text for Eikon: ID:nHKS8qsVFk
Further company coverage: 0978.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on China Merchants Land
See all newsBrief: China Merchants Land Unit Enters Equity Transfer Agreement With Wharf Estates (Guangzhou)
Brief: China Merchants Land Says Shenzhen Haichengjin To Buy 30% Equity Interest In Project Company
China state-owned firms, JD.com for JV to invest in Hong Kong border mega project
China Merchants Land H1 revenue falls on lower floor area completion
Brief: China Merchants Land Says Shenzhen Haiyuejin Agreed To Acquire 30% Stake In Xi’An Merchants Garden City Real Estate