Brief: Smit Holdings Says For Year Group Expects Net Profit Of No Less Than US$10 Mln
March 20 (Reuters) - Smit Holdings Ltd 2239.HK :
* FOR YEAR GROUP EXPECTS TO RECORD A NET PROFIT OF NO LESS
THAN
US$10 MILLION
* EXPECTED RESULT DUE TO TO AN ONE-OFF GAIN OF NO LESS THAN
US$20
MILLION ON DEEMED DISPOSAL OF EQUITY INTERESTS IN S2C SHANGHAI
CO., LTD
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2pPWyx
Further company coverage: 2239.HK
((Reuters.Briefs@thomsonreuters.com;))
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