Brief: Northeast Electric Development Sees FY17 Net Loss Of About Rmb380 Mln To RMB420 Mln
31/01/2018 10:07
Jan 31 (Reuters) - Northeast Electric Development Co Ltd
000585.SZ :
* PREDICTED THAT COMPANY WILL SUFFER FROM A NET LOSS OF
ABOUT
RMB380 MILLION TO RMB 420 MILLION FOR 2017
* BOARD HAS DECIDED TO SELL NEW NORTHEAST ELECTRIC (JINZHOU)
POWER
CAPACITOR AND IS IMPLEMENTING IT
* ISSUANCE OF NEW H SHARES AND DISPOSAL OF NEW NORTHEAST
ELECTRIC
FULLY ENSURE THAT CO WILL CONTINUE AS A GOING CONCERN
Source text for Eikon: ID:nHKS9bNGnM
Further company coverage: 000585.SZ
((Bangalore.newsroom@thomsonreuters.com;))
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