Brief: Kiddieland International Expects To Record A Loss For FY2018

Kiddieland International

28/06/2018 10:24

June 28 (Reuters) - Kiddieland International Ltd  3830.HK :
    * EXPECTED TO RECORD A LOSS FOR FY2018
    * REVENUE OF GROUP FOR YEAR ENDED 30 APRIL HAS DECREASED BY
MORE
THAN 10 PERCENT
    * LOSS EXPECTED DUE TO DECREASE IN GROSS PROFIT MARGIN
    * EXPECTED LOWER REVENUE DUE TO FALL IN AVERAGE SELLING
PRICE OF
PRODUCTS SOLD TO U.S.
    * EXPECTED LOSS DUE TO RISE IN PLASTIC RESIN'S UNIT COST
DRIVEN BY
HIGHER OIL PRICES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6fSwh5
Further company coverage:  3830.HK 

 ((Reuters.Briefs@thomsonreuters.com;))