Brief: China Hanking expects annual loss for year ended Dec 2016 to decrease substantially

Hanking Gold International

03/03/2017 13:00

March 3 (Reuters) - China Hanking Holdings Ltd  3788.HK  
    * Expected that annual loss recorded by group for year ended 
31 december 2016 would be decreased substantially 
    * Expected result due to significant decrease in asset 
impairment provision 
    * Expected decrease in loss amounting to approximately 50% 
    * Expects that profit margin of iron ore business of company 
will be constantly improved 
    * Is expected that nickel business of company will resume 
production in first half of 2017 
 
Source text for Eikon:  ID:nHKS9FtTb3  
Further company coverage:  3788.HK  
 
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