Brief: Xiwang Property Says For HY Group Expected To Record Consol Net Loss Of RMB3.0 Mln To RMB4.0 Mln
Aug 15 (Reuters) - Xiwang Property Holdings Co Ltd
2088.HK :
* FOR SIX MONTHS GROUP IS EXPECTED TO RECORD A CONSOLIDATED
NET
LOSS OF APPROXIMATELY RMB3.0 MILLION TO RMB4.0 MILLION
* EXPECTED RESULT DUE TO REVERSAL OF OVER-PROVISIONS OF LAND
APPRECIATION TAX AND INCREASE IN ADMINISTRATIVE EXPENSES
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