Brief: Shangri-la Asia issues profit alert

Shangri-La Asia

09/12/2016 09:42

Dec 9 (Reuters) - Shangri-la Asia Ltd  0069.HK  
    * expects group consol profit before non-operating items 
attributable for fy ending 31 dec 2016 will increase by at least 
25% 
    * improvement in group's net profit is due to substantial 
reduction in operation losses of hotel ownership segment in 
mainland china 
    * expects to record decline in consol profit attributable to 
equity holders of co after non-operating items  for year ending 
31 dec 2016 
 
Source text for Eikon:  ID:nSNZ2pvbPF  
Further company coverage:  0069.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))