Brief: China New City Commercial Development expected to record decrease in profit for year ended 31 december 2016
13/03/2017 11:10
March 13 (Reuters) - China New City Commercial Development
Ltd 1321.HK :
* Expected to record a substantial decrease in its profit
attributable to equity holders of company for year ended 31
december 2016
* Expected result due to fair value gain upon transfer to
investment properties of about rmb797 million in last year
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2ZvZ2s
Further company coverage: 1321.HK
((Bangalore.newsroom@thomsonreuters.com;))
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