Brief: Zhong An Real Estate Expects Decrease In FY Profit
08/03/2019 14:30
March 8 (Reuters) - Zhong An Real Estate Ltd 0672.HK :
* EXPECTS TO RECORD A RELATIVELY SUBSTANTIAL DECREASE IN ITS
PROFIT FOR YEAR
* EXPECTS REVENUE, GROSS PROFIT OF 2018 TO INCREASE VERSUS
2017,
GROSS PROFIT MARGIN TO ALSO INCREASE AS COMPARED TO 2017
* SEES DECLINE IN FY PROFIT DUE TO ABSENCE OF GAIN IN FAIR
VALUE
OF INVESTMENT PROPERTIES IN 2018
Source text for Eikon: urn:newsml:reuters.com:*:nHKS8CxMPQ
Further company coverage: 0672.HK
(Reuters.Briefs@thomsonreuters.com)
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