Brief: Kingboard Holdings Sees Decrease In HY Reported Net Profit, Underlying Net Profit

Kingboard Holdings

08/07/2019 13:15

July 8 (Reuters) - Kingboard Holdings Ltd  0148.HK :
    * SEES DECREASE IN REPORTED NET PROFIT AND UNDERLYING NET
PROFIT
FROM 60% TO 65% AND FROM 35% TO 45% RESPECTIVELY FOR HY
    * KBL GROUP IS EXPECTING TO RECORD A DECREASE IN REPORTED
NET
PROFIT AND UNDERLYING NET PROFIT FROM 30% TO 40% FOR SIX MONTHS
    * EXPECTED RESULT OF KBL GROUP IS MAINLY DUE TO MARKET WAS
IN
SHORT SUPPLY IN SAME PERIOD OF LAST YEAR
    * EXPECTED DECREASE IN UNDERLYING NET PROFIT OF KBH GROUP IS
MAINLY DUE TO MARKET WAS IN SHORT SUPPLY IN SAME PERIOD OF LAST
YEAR

Source text for Eikon:  ID:nHKS9LFpln 
Further company coverage:  0148.HK 

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