Brief: Sinomax Group Issues Profit Warning
March 7 (Reuters) - Sinomax Group Ltd 1418.HK :
* EXPECTS PROFIT BEFORE TAX FOR FINANCIAL YEAR WILL BE
WITHIN
RANGE OF APPROXIMATELY HK$27 MILLION TO HK$28 MILLION
* PROFIT AFTER TAX FOR FY2018 WILL BE WITHIN RANGE OF
APPROXIMATELY HK$3 MILLION TO HK$5 MILLION
* EXPECTED RESULT DUE TO COSTS INCURRED IN TRIAL-RUN OF
PRODUCTION
IN GROUP'S FACTORY IN U.S., AMONG OTHERS IN FY2018
Source text for Eikon: ID:nHKSbM3Fbn
Further company coverage: 1418.HK
(Reuters.Briefs@thomsonreuters.com)
Recent news on Sinomax
See all newsSinomax Group half-year profit falls on increased operating costs
Brief: Sinomax Group Expects H1 Profit Of Hk$20.0 Million Versus Hk$30.4 Million Year Ago
Brief: Sinomax Group Expects FY2025 Profit After Tax Of At Least HK$80 Million
Brief: Sinomax's Sinomax USA To Purchase Acquired IP At $4.6 Mln
Brief: Sinomax Group Announces Profit For Year Of HK$162.6 Mln