Brief: Xinyi Electric Storage Sees Consol Net Profit Attributable For Year Decrease By 25% To 35%

Xinyi Electric Storage Holdings

14/03/2023 15:05

March 14 (Reuters) - Xinyi Electric Storage Holdings Ltd
 8328.HK :
    * XINYI ELECTRIC STORAGE HOLDINGS LTD SEES  CONSOL NET
PROFIT
ATTRIBUTABLE FOR YEAR DECREASE BY 25% TO 35%
    * EXPECTED RESULT DUE TO LACK OF PRC GOVERNMENT GRANT IN
2022 FOR
EQUITY INVESTMENT, AMONG OTHERS
    * CONSOL NET PROFIT ATTRIBUTABLE FOR YEAR EXPECTED TO
DECREASE BY
25% TO 35% TO RANGE BETWEEN HK$40.7 MILLION AND HK$47.0 MILLION


Further company coverage:  8328.HK