Brief: Tong Kee (Holding) Expects To Record Decrease In FY Consolidated Profit Of About 75% To 85%

Sheng Tang Holdings

16/03/2020 13:47

March 16 (Reuters) - Tong Kee (Holding) Ltd  8305.HK :
    * EXPECTED TO RECORD A DECREASE IN CONSOLIDATED PROFIT FOR
YEAR OF
APPROXIMATELY 75% TO 85%
    * EXPECTED RESULT DUE TO SIGNIFICANT DECLINE IN GROSS PROFIT
COMPARING WITH YEAR ENDED 31 DECEMBER 2018
    * EXPECTED RESULT DUE TO INCREASE IN EMPLOYEE EXPENSES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSb7KvTq
Further company coverage:  8305.HK 

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