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716 Singamas Container Holdings News Story

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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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