Brief: Mobi Development Issues Profit Warning

MOBI Development

30/01/2018 11:54

Jan 30 (Reuters) - Mobi Development Co Ltd  0947.HK : 
    * EXPECTED TO RECORD A REDUCTION OF OVER 80% IN ITS 
CONSOLIDATED 
NET PROFIT FOR TWELVE MONTHS ENDED 31 DECEMBER 2017 
    * POSSIBILITY OF LOSS CANNOT BE RULED OUT. 
    * MOBI DEVELOPMENT - EXPECTED RESULT AS ADMINISTRATIVE 
EXPENSES 
AND RESEARCH & DEVELOPMENT COSTS INCREASED AS COMPARED TO 
CORRESPONDING PERIOD IN 2016 
 
Source text for Eikon:  ID:nHKSQMqYY  
Further company coverage:  0947.HK  
 
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