E-commerce firm DTXS hits near 12-year high on H1 profit forecast

DTXS Silk Road Investment Holdings Co

05/07/2019 03:14

** Shares of DTXS Silk Road Investment Holdings Co Ltd
 0620.HK  rise as much as 3.3% to HK$5.90, highest since
November 2007
    ** The e-commerce group expects to post a profit for the
first six months ended in June, compared to a loss a year ago,
amid improvement in business performance and stringent control
of expenses  urn:newsml:reuters.com:*:nFWN24504R 
    ** Hong Kong-based electronic devices and cosmetics trader
says H1 results will be published by end of August
    ** As of Thursday's close, stock had risen 46% this year
    ** DTXS has outperformed the Hang Seng Commerce & Industry
Index sector  .HSNC  by 39.9 percentage points in the past month
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
slides 0.5%, and the benchmark index  .HSI  eases 0.2%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)