Brief: Avic International Expects To Record Decrease Of About 50 Pct In FY Loss Before Tax

Continental Aerospace Technologies Holding

27/02/2018 10:23

Feb 27 (Reuters) - Avic International Holding (Hk) Ltd 
 0232.HK : 
    * EXPECTED TO RECORD A SIGNIFICANT DECREASE OF ABOUT 50% IN 
LOSS 
BEFORE TAX FOR YEAR ENDED 31 DECEMBER 2017 
    * IMPROVEMENT IN LOSS POSITION WAS MAINLY ATTRIBUTABLE TO 
DECREASE IN LOSSES OF CERTAIN INVESTMENTS 
    * EXPECTS TO RECORD REVENUE FROM PROPERTY DEVELOPMENT & 
INVESTMENT BUSINESS FOR FY OF ABOUT HK$1.5 BILLION 
 
Source text for Eikon:  ID:nHKS3KgnPR  
Further company coverage:  0232.HK  
 
 ((Reuters.Briefs@thomsonreuters.com;))