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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