Brief: Xiwang Special Steel Issues Positive Profit Alert​

Xiwang Special Steel Co

01/03/2018 12:40

March 1 (Reuters) - Xiwang Special Steel Co Ltd  1266.HK :
    * ‍CONSOL PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF COMPANY FOR
YEAR
ENDED 31 DECEMBER 2017 WAS EXPECTED TO INCREASE BY MORE THAN
150%​
    * ‍RELATIVELY LOW ENTERPRISE INCOME TAX RATE OF XIWANG METAL
SCIENCE WILL HAVE A POSITIVE IMPACT ON OPERATION RESULTS OF
GROUP​
    * WITH PREFERENTIAL TAX CONCESSION, UNAUDITED CONSOL PROFIT
ATTRIBUTABLE FOR FY EXPECTED TO BE RMB890 MILLION

Source text for Eikon:  ID:nHKS2hH9tf 
Further company coverage:  1266.HK 

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