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1277 Kinetic Development News Story

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Brief: Kinetic Development Sees Net Profit After Tax To Decrease 50%-60% For FY

March 19 (Reuters) - Kinetic Development 1277.HK:

SEES NET PROFIT AFTER TAX TO DECREASE 50%-60% FOR FY

EXPECTED RESULT DUE TO MARKET VOLATILITY AND OVERALL DECLINE IN COAL PRICES, OTHERS IN FY

Further company coverage: 1277.HK

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

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