Brief: Kuangchi Science Group Sees FY Profit Attributable In Range Of Hk$60 Mln To Hk$100 Mln

Genesis Scale Holdings

14/03/2018 05:40

March 14 (Reuters) - Kuangchi Science Ltd  0439.HK :
    * GROUP EXPECTS PROFIT ATTRIBUTABLE TO OWNERS OF CO IN
FY2017 MAY
RANGE FROM HK$60 MILLION TO HK$100 MILLION
    * EXPECTED RESULT DUE TO  PROVISIONS FOR IMPAIRMENT LOSS OF
GOODWILL RELATED TO JETPACK PRODUCTS BUSINESS
    * ‍ MAY RECORD A NET LOSS RANGING FROM APPROXIMATELY HK$40
MILLION
TO HK$80 MILLION FOR FY2017​

Source text for Eikon:  ID:nHKS7d0Nvt 
Further company coverage:  0439.HK 

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