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1231 — Newton Resources News Story

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Brief: Newton Resources issues profit warning

Nov 30 (Reuters) - Newton Resources Ltd  1231.HK  
    * Expected that car-park business will generate rental 
income for group based on occupancy of relevant car-park 
    * intends to recognise an impairment on group's assets at 
yanjiazhuang mine in region of about rmb500 million for year 
ending 31 dec 2016 
    * impairment once confirmed will be reflected in co's fy 
results for 2016, which will in turn result in  increase in net 
loss 
 
Source text for Eikon:  ID:nHKS4FpYzn  
Further company coverage:  1231.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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