Brief: China Ting Group Holdings Sees FY Net Profit Before Tax Falling By 70-80 Pct
14/03/2019 15:08
March 14 (Reuters) - China Ting Group Holdings Ltd
3398.HK :
* EXPECTS NET PROFIT BEFORE TAX FOR YEAR WOULD DECREASE BY
APPROXIMATELY 70-80%
* EXPECTED RESULT DUE TO INCREASE IN AMOUNT OF PROVISION FOR
IMPAIRMENT LOSSES FOR TRADE RECEIVABLES BY ABOUT 30 PERCENT
Source text for Eikon: urn:newsml:reuters.com:*:nHKSb8hjDg
Further company coverage: 3398.HK
((Reuters.Briefs@thomsonreuters.com;))
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