Brief: Huan Yue Interactive Sees Significant Decline In FY Net Profit

Xingye Alloy Materials

26/02/2019 09:41

Feb 26 (Reuters) - Huan Yue Interactive Holdings Ltd
 0505.HK :
    * EXPECTED TO RECORD A SIGNIFICANT DECLINE IN ITS NET PROFIT
FOR
YEAR ENDED 31 DECEMBER 2018
    * EXPECTED RESULT DUE TO DECREASE IN GROSS MARGIN OF COPPER
MANUFACTURING BUSINESS
    * FY  GOODWILL IMPAIRMENT IS ESTIMATED TO BE IN RANGE OF
RMB90
MILLION TO RMB100 MILLION

Source text for Eikon:  ID:nHKSbyJ4sB 
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 ((Reuters.Briefs@thomsonreuters.com;))