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1121 Golden Solar New Energy Technology Holdings News Story

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Brief: Baofeng Modern International Expects To Record An Increase In Loss Before Tax For HY

Aug 14 (Reuters) - Baofeng Modern International Holdings Co
Ltd  1121.HK :
    * GROUP IS EXPECTED TO RECORD AN INCREASE IN LOSS BEFORE TAX
FOR
HY OF ABOUT 40- 50%
    * EXPECTED RESULT DUE TO FAIR VALUE LOSS ON CONVERTIBLE
NOTES AT
FAIR VALUE THROUGH PROFIT OR LOSS OF ABOUT RMB4.8 MILLION
    * HY SALES OF GROUP ABOUT RMB101.7 MILLION, UP ABOUT 28.2
PERCENT

Source text for Eikon:  ID:nHKSbw9GYK 
Further company coverage:  1121.HK 

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

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