Brief: Luxking Group Holdings Expects To Record Net Loss After Tax For HY
21/01/2019 11:07
Jan 21 (Reuters) - Luxking Group Holdings Ltd LUKG.SI :
* EXPECTS TO RECORD A NET LOSS AFTER TAX FOR HY2019
* BUSINESS WAS ADVERSELY AFFECTED BY ON-GOING TRADE TENSIONS
BETWEEN PEOPLE'S REPUBLIC OF CHINA AND UNITED STATES
* GROUP EXPERIENCED A SUBSTANTIAL DROP IN DEMAND AND A
DECREASE IN
GROSS PROFIT MARGIN MAINLY DUE TO HEIGHTENED COMPETITION
Source text for Eikon: ID:nSNZ5XXCGY
Further company coverage: LUKG.SI
((Reuters.Briefs@thomsonreuters.com;))
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