Brief: China New Town Development Expects To Record Net Profit Of About RMB120 Mln For FY ended 31 Dec 2018
29/01/2019 01:20
Jan 29 (Reuters) - China New Town Development Co Ltd
1278.HK :
* EXPECTED TO RECORD A NET PROFIT OF APPROXIMATELY RMB120
MILLION
FOR YEAR ENDED 31 DECEMBER 2018
* EXPECTED RESULT DUE TO EXCHANGE RATE LOSS ARISING FROM
GROUP'S
BORROWINGS FOR 2018 INCREASED SIGNIFICANTLY
Source text for Eikon: urn:newsml:reuters.com:*:nHKS5F9cz
Further company coverage: 1278.HK
((Reuters.Briefs@thomsonreuters.com;))
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