Brief: Ten Pao Group Holdings Sees Decrease In FY Profit Attributable By About 70%
19/11/2018 11:47
Nov 19 (Reuters) - Ten Pao Group Holdings Ltd 1979.HK :
* EXPECTED TO RECORD A PROFIT ATTRIBUTABLE TO OWNERS OF
COMPANY
FOR YEAR ENDING 31 DECEMBER 2018
* GROUP EXPECTS A DECREASE IN PROFIT ATTRIBUTABLE FOR YEAR
ENDING
31 DECEMBER 2018 BY ABOUT 70%
* EXPECTED FALL IN FY PROFIT MAINLY DUE TO INCREASE OF RAW
MATERIAL COST AND SALARY PUTTING GROSS PROFIT UNDER PRESSURE
Source text for Eikon: ID:nHKS1TFxvp
Further company coverage: 1979.HK
((Reuters.Briefs@thomsonreuters.com;))
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