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Brief: Applied Development expects a decline in profit before tax for year ended 30 June 2017

July 27 (Reuters) - Applied Development Holdings Ltd 
 0519.HK  
    * Expects to record a decline in profit before tax in a 
range from 25% to 31% for year ended 30 June 2017 
    * Expected results due to gain on bargain purchase arising 
from acquisition of a subsidiary amounting to approximately 
HK$155 million 
 
Source text: (http://bit.ly/2w3d2RR) 
Further company coverage:  0519.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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