Brief: Sinomedia Holding Says Consol Net Profit For Year Expected To Decrease By About 65% To 75%
28/02/2020 12:49
Feb 28 (Reuters) - Sinomedia Holding Ltd 0623.HK :
* CONSOL NET PROFIT FOR YEAR IS EXPECTED TO DECREASE
SUBSTANTIALLY
BY ABOUT 65% TO 75%
* EXPECTED RESULT DUE TO MORE CAUTIOUS ADVERTISING SPENDING
OF
CERTAIN CLIENTS AFFECTED BY CONTINUOUS WEAK ENVIRONMENT
Source text for Eikon: ID:nHKS7YLYyh
Further company coverage: 0623.HK
((Reuters.Briefs@thomsonreuters.com;))
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