Brief: Kinetic Mines and Energy expects net profit before taxation for HY ended 30 June 2017
07/07/2017 12:53
July 7 (Reuters) - Kinetic Mines And Energy Ltd 1277.HK :
* Expected that group would record consolidated net profit
before taxation exceeding rmb100 million for 6 months ended 30
June 2017
* Expected result due to increase in sales volume,growth in
gross profit margins due to increase in average selling price of
group's coal products
Source text for Eikon: ID:nHKS14sBlk
Further company coverage: 1277.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Kinetic Development
See all newsCoal producer Kinetic Development drops most in four weeks on discounted share sale
Brief: Kinetic Development Group To Place 169.51 Million New Shares At Hk$1.85 Each
Brief: Kinetic Development Posts FY Revenue RMB 779.2 Million
Brief: Kinetic Development Sees Net Profit After Tax To Decrease 50%-60% For FY
Brief: Kinetic Development Says As At Date, Invests RMB1.5 Bln In Yong’An And Weiyi Coal Mine Construction