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SGU Sino German United AG News Story

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Consumer DefensivesHighly SpeculativeMicro CapTurnaround

Brief: Sino German United prepares to launch business operations

March 30 (Reuters) - Sino German United AG  GEBk.F : 
    * Prepares to launch business operations 
    * Renaming of German Brokers AG into Sino-German United AG 
    * Expects to generate initial, albeit small revenues in 2016 
    * Goal is to generate profits from resulting trade margins  
    * In view of necessary start-up costs, no profit is expected 
in financial year 2016 
    * Plans to achieve initial positive results in financial 
year 2017, after trading business has been successfully 
established in 2016 
 
Source text for Eikon:  ID:nEQ7SXX2Wa  
Further company coverage:  GEBk.F  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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