Brief: Dragon Rise Holdings Sees Decrease In FY Profit

Dragon Rise group

21/02/2019 12:37

Feb 21 (Reuters) - Dragon Rise Group Holdings Ltd  6829.HK :
    * SEES DECREASE IN FY PROFIT AS DELAY IN START OF NEW
PROJECTS LED
TO REVENUE CONTRACTION BY 50-60 PERCENT IN FY 
    * ANTICIPATED THAT PROFIT ATTRIBUTABLE FOR YEAR TO DECREASE
BY 75%
TO 85%
    * EXPECTED DECREASE IN PROFIT DUE TO  AN INCREASE IN OVERALL
CONSTRUCTION COSTS

Source text for Eikon:  ID:nHKS1YgNbW 
Further company coverage:  6829.HK 

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