Brief: Sinopec Engineering Group Expects FY Net Profit After Tax To Decrease By About 25 Pct To 35 Pct
30/01/2018 08:31
Jan 30 (Reuters) - Sinopec Engineering Group Co Ltd
2386.HK :
* EXPECTED THAT FY NET PROFIT AFTER TAX OF GROUP WILL
DECREASE BY
APPROXIMATELY 25% TO 35%
* EXPECTED THAT NET PROFIT AFTER TAX OF GROUP FOR TWELVE
MONTHS
ENDED 31 DECEMBER 2017 WILL DECREASE BY 25% TO 35%
* EXPECTED RESULT DUE TO DECREASE IN TOTAL NEW CONTRACT
VALUE IN
2016 & IN INVESTMENTS IN DOMESTIC AND OVERSEAS OIL REFINING
Source text for Eikon: urn:newsml:reuters.com:*:nHKS497d63
Further company coverage: 2386.HK
((Bangalore.newsroom@thomsonreuters.com;))
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