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1277 Kinetic Development News Story

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Brief: Kinetic Development Sees Net Profit For Year Expected To Increase Significantly By More Than 100%

Dec 8 (Reuters) - Kinetic Development Group Ltd  1277.HK :
    * SEES NET PROFIT FOR YEAR EXPECTED TO INCREASE
SIGNIFICANTLY BY
MORE THAN 100% OVER CORRESPONDING PERIOD IN 2020
    * EXPECTED RESULTS DUE TO INCREASE IN COAL PRICES RESULTING
IN
INCREASE OF PROFIT DRIVEN BY CO'S COAL SALES & TRADING BUSINESS

Further company coverage:  1277.HK 

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

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