Brief: Kinetic Development Sees Net Profit For Six Months To Decrease By Not Less Than 50%
05/07/2023 14:37
July 5 (Reuters) - Kinetic Development Group Ltd
1277.HK :
* KINETIC DEVELOPMENT GROUP LTD SEES NET PROFIT FOR SIX
MONTHS
ENDED 30 JUNE TO DECREASE BY NOT LESS THAN 50%
* EXPECTED RESULT DUE TO DECREASE IN COAL PRODUCTION VOLUME
CAUSED BY SLOWER MINING PROGRESS, AMONG OTHERS
Further company coverage: 1277.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Kinetic Development
See all newsBrief: Kinetic Development Group Says Rutile Project Commenced Production
Chinese coal miner Kinetic Development's half-year profit jumps on higher prices
Brief: Kinetic Development To Subscribe 38.3 MLN MC Mining Shares At US$0.2089 Per Share
Coal producer Kinetic hits two-month high on robust earnings outlook
Brief: Kinetic Development Group Expects 1H2026 Net Profit After Tax Of RMB730 Million-RMB780 Million