Brief: Weiye Holdings expects to report a lower net profit for FY2016
Feb 22 (Reuters) - Weiye Holdings Ltd WEIH.SI
* Group is expected to report a lower net profit
attributable to owners of company for fy2016
* Group is expected to record a decrease in revenue of about
40% and net profit of about 31% for twelve months ended 31
december 2016
* Lower revenue was mainly due to a delay of completion of
certain property development projects
Source text for Eikon: ID:nSNZ9jHRB8
Further company coverage: WEIH.SI
((Bangalore.newsroom@thomsonreuters.com;))
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