March 8 (Reuters) - Jiayao Holdings Ltd 1626.HK :
* Profit warning announcement 1626.HK
* Says for the year ended 31 December 2015, the group expects to record a
substantial decrease in gross profit and net profit after tax
* Says decrease in net profit after tax is mainly due to the significant
increase in cost of sales
* Net profit after tax for year ended 31 December 2015 is expected to be ranged
from approximately RMB4.0 million to RMB6.0 million
* Source text for Eikon ID:nHKSbnlqxV
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