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