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528 Kingdom Holdings News Story

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Brief: Kingdom Holdings expects FY net profit to decrease by about 60%

Oct 17 (Reuters) - Kingdom Holdings Ltd  0528.HK  
    * Expects that net profit of group for year ending 31 
December 2017 will decrease by not less than 60 pct 
    * Expected result  due to lower gross margin from group's 
strategic reduction of average selling price of linen yarn since 
April 2016 
 
Source text for Eikon:  ID:nHKS1mjv6v  
Further company coverage:  0528.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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