Brief: Xinyang Maojian Group Expects To Record A Material Increase In Net Loss For Year

China Zenith Chemical

19/09/2019 15:27

Sept 19 (Reuters) - Xinyang Maojian Group Ltd  0362.HK :
    * EXPECTED TO RECORD A MATERIAL INCREASE IN NET LOSS FOR
YEAR
    * BOARD NOT OPTIMISTIC TO RESUME GROUP'S IDLE PRODUCTION
LINE IN
MUDANJIANG FOR FORESEEABLE FUTURE
    * TO PROVIDE A ONE-OFF IMPAIRMENT ON PROPERTY, PLANT &
EQUIPMENT
OF POLYVINY-CHLORIDE SEGMENT, AMONG OTHERS

Source text for Eikon: urn:newsml:reuters.com:*:nHKS97RCHR
Further company coverage:  0362.HK 

 ((Reuters.Briefs@thomsonreuters.com;))