Brief: China Oriental Group Says Expects Decrease In HY Net Profit By About 50%-70%

China Oriental

11/08/2020 10:03

Aug 11 (Reuters) - China Oriental Group Co Ltd  0581.HK :
    * SEES DECREASE IN NET PROFIT FOR HY BY ABOUT 50%-70%
    * EXPECTED RESULT DUE TO INCREASE IN PRODUCTION COST
    * EXPECTED RESULT DUE TO INCREASE IN PRODUCTION COST OF
GROUP DUE
TO RISING PRICE OF RAW MATERIALS, IN PARTICULAR IRON ORES

Source text https://bit.ly/2XO9pzy
Further company coverage:  0581.HK 

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