Brief: SMIT Holdings expects increase of more than 80% in its consolidated net profit for FY ended 31 Dec 2016

Smit Holdings

02/03/2017 08:35

March 2 (Reuters) - SMIT Holdings Ltd  2239.HK : 
    * Group expects to record a substantial increase of more 
than 80% in its consolidated net profit for year ended 31 
december 2016 
    * Expects total revenue for year ended 31 december 2016 to 
remain relatively stable with a decrease of approximately 10% 
    * Expected result due to  net exchange gain resulting from 
depreciation of RMB against USD 
 
Source text for Eikon:  ID:nHKS4tTBf5  
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