Brief: Kinetic Mines And Energy Expects HY Consolidated Net Profit To Exceed RMB340.0 Million

Kinetic Development

16/07/2018 12:26

July 16 (Reuters) - Kinetic Mines and Energy Ltd  1277.HK :
    * EXPECTED TO RECORD A CONSOLIDATED NET PROFIT EXCEEDING
RMB340.0
MILLION FOR SIX MONTHS ENDED 30 JUNE 2018
    * EXPECTED RESULT DUE TO SIGNIFICANT INCREASE IN SALES
VOLUME OF
GROUP'S COAL PRODUCTS
    * EXPECTS SALES VOLUME TO INCREASE BY ABOUT 60% TO 2.49
MILLION
TONNES IN HY

Source text for Eikon:  ID:nHKS7m3pR0 
Further company coverage:  1277.HK 

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