Brief: Tianli Holdings Group says expects 100 pct increase in loss for FY16

Tianli Holdings

12/03/2017 22:29

March 13 (Reuters) - Tianli Holdings Group Ltd  0117.HK : 
    * Expects that final results of group for year ended 31 Dec 
2016 would record an increase in loss by not less than 100% as 
compared to same period last year 
    * Expected loss a result of impairment of group's property, 
plant and equipment during year under MLCC segment 
    * Noted that group's FY consolidated operating results 
before impairment is expected to improve 
    * Impairment constitutes a non-cash item and has no impact 
on group's operating cash flow 
 
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