Brief: Xiwang Special Steel Sees Decline In HY Net Profit By About 60% To 70%

Xiwang Special Steel Co

19/08/2019 10:46

Aug 19 (Reuters) - Xiwang Special Steel Co Ltd  1266.HK :
    * EXPECTS TO RECORD A DECLINE IN NET PROFIT BY APPROXIMATELY
60%
TO 70% FOR SIX MONTHS
    * GROUP EXPECTS TO RECORD A DECLINE IN NET PROFIT BY
APPROXIMATELY
60% TO 70% FOR SIX MONTHS
    * EXPECTS TO RECORD A DECLINE IN NET PROFIT BY APPROXIMATELY
60%
TO 70% FOR SIX MONTHS ENDED 30 JUNE 2019
    * EXPECTED RESULT DUE TO RAPIDLY RISING PRICES OF RAW
MATERIALS
AND FUELS

Source text for Eikon:  ID:nHKS9Yy0Lt 
Further company coverage:  1266.HK 

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