Brief: Kinetic Mines And Energy Expects FY Consolidated Net Profit To Increase Significantly
Jan 21 (Reuters) - Kinetic Mines and Energy Ltd 1277.HK :
* EXPECTED THAT GROUP'S CONSOLIDATED NET PROFIT FOR YEAR
ENDED 31
DECEMBER 2018 WILL INCREASE SIGNIFICANTLY BY OVER 40%
* EXPECTED RESULT ATTRIBUTABLE TO A HIGHER TURNOVER OF GROUP
FOR
YEAR ENDED 31 DECEMBER 2018
* GROUP RECORDED A TOTAL SALES OF OVER RMB2,400.0 MILLION IN
2018,
UP 35%
Source text for Eikon: ID:nHKS2LxnNn
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