Brief: Newton Resources Sees Net Profit Of Not More Than US$0.2 Mln For Six Months
22/07/2022 14:59
July 22 (Reuters) - Newton Resources Ltd 1231.HK :
* SEES NET PROFIT OF NOT MORE THAN APPROXIMATELY US$0.2
MILLION
FOR SIX MONTHS
* EXPECTED RESULTS DUE TO DECREASING IRON ORE MARKET PRICES
AND
POOR PROFITABILITY OF CHINESE STEEL MILLS, AMONG OTHERS
Further company coverage: 1231.HK
((Reuters.Briefs@thomsonreuters.com;))
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