Brief: Xiangxing International Sees Reduction Of About 50% In Group's FY Net Profit

Xiangxing Technology Holding

31/01/2020 11:45

Jan 31 (Reuters) - Xiangxing International Holding Ltd
 1732.HK :
    * EXPECTED THAT GROUP WILL RECORD A REDUCTION OF
APPROXIMATELY 50%
IN GROUP'S NET PROFIT FOR YEAR
    * GROUP WILL RECORD A REDUCTION OF APPROXIMATELY 50% IN
GROUP'S
NET PROFIT FOR YEAR
    * EXPECTED RESULT DUE TO SUBSTANTIAL DECREASE BY CHINESE
GOVERNMENT IN VOLUME OF IMPORTED SOLID WASTES
    * EXPECTED RESULT DUE TO  ONE-OFF EXPENSES INCURRED FOR
TRANSFER
OF LISTING

Source text for Eikon:  ID:nHKS82c7nC 
Further company coverage:  1732.HK 

 ((Reuters.Briefs@thomsonreuters.com;))