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1172 — Magnus Concordia News Story

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Brief: Magnus Concordia Sees A Loss Attributable Of Approximately HK$100 Million For Six Months

Nov 15 (Reuters) - Magnus Concordia Group Ltd  1172.HK :
    * SEES  A LOSS ATTRIBUTABLE OF APPROXIMATELY HK$100 MILLION
FOR
SIX MONTHS
    * EXPECTED RESULT DUE TO NET LOSS AFTER TAX OF PROPERTY
DEVELOPMENT BUSINESS FROM PROVISION FOR WRITE-DOWN OF STOCK OF
PROPERTIES


Further company coverage:  1172.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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