Brief: Midas International Expects Decrease In FY Profit Attributable To Equity Holders

Magnus Concordia

06/06/2018 11:12

June 6 (Reuters) - Midas International Holdings Ltd
 1172.HK :
    * EXPECTS DECREASE IN FY PROFIT ATTRIBUTABLE TO EQUITY
HOLDERS OF
NOT LESS THAN 70%
    * EXPECTED DECREASE IN PROFIT ATTRIBUTABLE DUE TO ABSENCE OF
GAIN
ON DISPOSAL OF DISCONTINUED OPERATIONS OF HK$42 MILLION RECORDED
DURING YEAR 
    * CONTINUING OPERATIONS OF GROUP EXPECTED TO RECORD A NET
PROFIT
ATTRIBUTABLE TO EQUITY HOLDERS OF NOT MORE THAN ABOUT HK$15
MILLION FOR YEAR
    * EXPECTED INCREASE IN CONTINUING OPERATIONS PROFIT DUE TO
INCREASE IN RENTAL INCOME BY ABOUT HK$9 MILLION DURING YEAR 

Source text for Eikon:  ID:nHKS5Kbw9W 
Further company coverage:  1172.HK 

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