Brief: Midland IC&I issues profit warning

Legend Upstar Holdings

16/12/2015 14:14

Dec 16 (Reuters) - Midland IC&I Ltd  0459.HK : 
 * Profit warning  0459.HK  
 * Expected result due to increase in impairment of receivables as a transaction with consideration at above hk$1 billion fell through during first half of 2015 
 * Consolidated net profit of group for year ending 31 December 2015 expected to drop significantly 
 * Expected drop in net profit to bring group to nearly break-even performance or potentially loss position 
 * Source text for Eikon  ID:nHKS9CPJr3  
 
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