Brief: North Asia Resources issues profit warning

Green Leader Holdings

09/03/2016 10:44

March 9 (Reuters) - North Asia Resources Holdings Ltd  0061.HK : 
 * Profit warning and update on development of Shanxi mines of the group  0061.HK  
 * The group's net loss for the year ended 31 December 2015 is expected to increase by over 3 times 
 * Expected result due to increase in impairment loss recognised in respect of mining rights and property, plant and equipment 
 * It is expected that the loss will not affect the liquidity of the group materially as the majority of the loss was non-cash in nature" 
 * Source text for Eikon  ID:nHKS3rqnMf  
 
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