Brief: Xiwang Special Steel Co xpectEs Profit Attributable Between Rmb900 Mln And Rmb1,000 Mln For FY

Xiwang Special Steel Co

18/01/2019 10:31

Jan 18 (Reuters) - Xiwang Special Steel Co Ltd  1266.HK :
    * CONSOLIDATED PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF
COMPANY FOR
YEAR ENDED 31 DECEMBER 2018 IS EXPECTED TO REMAIN STABLE
    * EXPECTED THAT GROUP WILL INCUR A PROFIT ATTRIBUTABLE IN
RANGE
BETWEEN RMB900 MILLION AND RMB1,000 MILLION FOR YEAR
    * CO INTENDS ANNUAL DIVIDEND IN AN AMOUNT THAT IS EXPECTED
TO BE
OF 30 PERCENT OF GROUP'S ANNUAL CONSOL NET PROFIT ATTRIBUTABLE
    * EXPECTED INCREASE IN PROFIT DUE TO  AN INCREASE IN PROFIT
CONTRIBUTED BY SUBSIDIES GRANTED BY GOVERNMENT, AMONG OTHERS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS8rw2Vn
Further company coverage:  1266.HK 

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