Brief: Sfk Construction Sees HY Net Profit Down 70% To 80%
16/08/2019 14:11
Aug 16 (Reuters) - SFK Construction Holdings Ltd 1447.HK :
* NET PROFIT FOR SIX MONTHS ENDED 30 JUNE 2019 IS EXPECTED
TO
DECREASE BY APPROXIMATELY 70% TO 80%
* EXPECTED RESULT DUE TO REPLACEMENT OF NON-PERFORMING
SUBCONTRACTORS LEADING TO INCREASE IN SUBCONTRACTING COSTS
Source text for Eikon: ID:nHKS9QTnvN
Further company coverage: 1447.HK
((Reuters.Briefs@thomsonreuters.com;))
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