Brief: Singamas Container Holdings issues profit warning
Nov 17 (Reuters) - Singamas Container Holdings Ltd
0716.HK :
* Group is currently expected consolidated net loss of group
for financial year ending 31 december 2016
* Expected results due to decline in group's turnover and
gross profit margin
* Expected consolidated net loss of group for financial year
ending 31 December 2016 increase to at least US$53 million
* Expected results due to decline in turnover and gross
profit margin due to continuing downturn of macro economy since
second half of 2015
Source text for Eikon: ID:nHKS6cg3Rb
Further company coverage: 0716.HK
((Bangalore.newsroom@thomsonreuters.com;))
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