Brief: Ten Pao Group Sees FY Net Profit Attributable To Increase By About 200%

Ten Pao group

25/11/2019 11:40

Nov 25 (Reuters) - Ten Pao Group Holdings Ltd  1979.HK :
    * NET PROFIT ATTRIBUTABLE FOR YEAR IS EXPECTED TO INCREASE
BY
APPROXIMATELY 200%
    * EXPECTED RESULT DUE TO AN INCREASE IN CUSTOMER ORDERS
    * EXPECTED RESULT DUE TO DECREASE IN COST OF RAW MATERIALS
IN H1,
FOLLOWED BY STEADY PRICE LEVEL IN H2 OF YEAR

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3hjMdM
Further company coverage:  1979.HK 

 (Reuters.Briefs@thomsonreuters.com)