Brief: Time2U International issues profit warning
19/08/2016 14:27
Aug 19 (Reuters) - Time2U International Holding Ltd 1327.HK : * Profit warning and leave of absence of chairman 1327.HK * Says group is expected to record a net loss for the six months ended 30 June 2016 * Net loss is primarily driven by the decrease in turnover of approximately 40% * Lin Zhiqiang the chairman, chief executive officer and executive director of the company, will take a temporary leave of absence * Zheng Qingjie, an executive director of the company, will assume Lin'S responsibilities * Source text for Eikon urn:newsml:reuters.com:*:nHKS1xbwmX ((Further company coverage: 1327.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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