Brief: Xingda International Expects FY Net Profit Attributable To Drop 50%-60%

Xingda International Holdings

22/03/2021 14:50

March 22 (Reuters) - Xingda International Holdings Ltd
 1899.HK :
    * SEES DECREASE OF NET PROFIT ATTRIBUTABLE FOR YEAR IN RANGE
OF
50% TO 60%
    * SEES ADJUSTED PROFIT ATTRIBUTABLE FOR YEAR TO INCREASE 10%
TO
20%
    * EXPECTED DECREASE IN NET PROFIT DUE TO RECOGNITION OF
CERTAIN
NON-CASH EXPENSES FOR SHARE-BASED PAYMENT OF ABOUT RMB270.8
MILLION

Source text for Eikon:  ID:nHKS9dBlK8 
Further company coverage:  1899.HK 

 ((Reuters.Briefs@thomsonreuters.com))