Brief: Hung Hing Printing Group issues profit warning
22/07/2016 10:59
July 22 (Reuters) - Hung Hing Printing Group Ltd 0450.HK : * Print-profit warning * For six months period ended 30 June 2016 group expects to record a net loss of approximately HK$ 20 million * During the six months ended 30 June 2016, the group expects to record a decrease of 6% in revenues * HY gross profit margins were anticipated to decrease by approximately HK$ 33 million compared to the same period of last year * Expected decrease in gross profit due to lower sales mix of special projects and impact on capacity utilization Source text for Eikon urn:newsml:reuters.com:*:nHKS3MV03b ((For more news, please click here 0450.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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