Brief: Sanbase Sees Substantial Decrease In Qtrly Net Profit OF 104%
03/08/2021 13:28
Aug 3 (Reuters) - Sanbase Corporation Ltd 8501.HK :
* SEES A SUBSTANTIAL DECREASE IN NET PROFIT AND GROSS PROFIT
OF
APPROXIMATELY 104% AND 53% RESPECTIVELY FOR QUARTER
* EXPECTED RESULT DUE TO LOWER PROFIT MARGIN DUE TO LOWER
BIDDING
PRICES OF PROJECTS
Source text for Eikon: ID:nHKS7d9Pfl
Further company coverage: 8501.HK
((Reuters.Briefs@thomsonreuters.com;))
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