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1418 — Sinomax News Story

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Brief: Sinomax Group expects increase in cost of sales of group

Oct 20 (Reuters) - Sinomax Group Ltd  1418.HK - 
    * Directors expect that there will be an increase in cost of 
sales of group 
    * Increase in cost of sales due to increase in price of TDI 
and has been liaising with key customers in transferring cost 
increment 
    * Increase in price of TDI may have a material adverse 
impact on sales, gross margins, financial condition and results 
of operations 
 
Source text (http://bit.ly/2emyBcz) 
Further company coverage:  1418.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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