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1203 GDH Guangnan (Holdings) News Story

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Brief: Guangnan expects consol profit attributable for three months ended 31 March 2017 to be increased

April 10 (Reuters) - Guangnan Holdings Ltd  1203.HK  
    * Consolidated profit attributable to shareholders of 
company for three months ended 31 march 2017 is expected to be 
increased by about 190% 
    * Expected result due to value of office units in Hong Kong 
saw slight growth resulted in net valuation gains on investment 
properties for current period 
    * Expected results due to reduced purchase cost of raw 
materials and increased government grants income of an 
associate, Yellow Dragon Food Industry 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNDL872TJv 
Further company coverage:  1203.HK  
 
 ((bangalore.newsroom@thomsonreuters.com ;))

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