Brief: Poly Property Sees Decrease In FY Net Profit Attributable By About 60%

Poly Property

02/03/2023 10:29

March 2 (Reuters) - Poly Property Group Co Ltd
 0119.HK :
    * SEES DECREASE IN NET PROFIT ATTRIBUTABLE OF APPROXIMATELY
60%
FOR YEAR
    * SEES CORE NET PROFIT FOR YEAR WILL NOT DECLINE BY MORE
THAN 18%
    * EXPECTED DECREASE IN NET PROFIT ATTRIBUTABLE DUE TO
INCREASE IN
IMPAIRMENT LOSSES ON PROPERTIES UNDER DEVELOPMENT, AMONG OTHERS

Further company coverage:  0119.HK 

 ((Reuters.Briefs@thomsonreuters.com;))