Brief: Lianhua Supermarket Holdings Co issues profit warning
24/01/2017 10:31
Jan 24 (Reuters) - Lianhua Supermarket Holdings Co Ltd
0980.HK :
* Lianhua-profit Warning 0980.HK
* Expected to record a net loss ranging from approximately
RMB440 million to RMB480 million for year ended 31 December 2016
* Expected net loss is due to shrinking market demand and
intensified competition of online and offline retailers
Source text for Eikon: urn:newsml:reuters.com:*:nHKS7DqL1R
Further company coverage: 0980.HK
((Bangalore.newsroom@thomsonreuters.com;))
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