Brief: Man King Holdings Sees HY Profit Likely To Show Substantial Decrease

Man King Holdings

08/11/2018 09:36

Nov 8 (Reuters) - Man King Holdings Ltd  2193.HK :
    * ESTIMATED RESULTS FOR SIX MONTHS ENDED 30 SEPTEMBER LIKELY
TO
SHOW A SUBSTANTIAL DECREASE IN PROFIT
    * EXPECTED RESULT DUE TO NEW ADOPTION OF HONG KONG FINANCIAL
REPORTING STANDARD
    * DECREASE IS MAINLY DUE TO NEW ADOPTION OF HONG KONG
FINANCIAL
REPORTING STANDARD REVENUE FROM CONTRACTS WITH CUSTOMERS
    * SEES  REVENUE FOR 6M2018 WOULD BE ABOUT 12% HIGHER THAN
THAT OF
6M2017
    * SEES 6M2018 GROSS PROFIT WOULD BE ABOUT 29% LOWER THAN
THAT OF
6M2017

Source text for Eikon:  ID:nHKS3b2LMd 
Further company coverage:  2193.HK 

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