Brief: Odella Leather Holdings issues profit warning

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01/11/2016 11:51

Nov 1 (Reuters) -    Odella Leather Holdings Ltd  8093.HK : 
    * Estimated that revenue and gross profit of group for three 
months ended 30 september 2016 would be decreased 
    * Revenue and gross profit for three months ended 30 
september 2016 is expected to drop by more than 40% and 50%, 
respectively 
    * Expected that group would continue to record profit before 
tax for three months ended 30 september 2016. 
    * Result due deterioration of business in international 
brands and delays in placing orders from brands in australia and 
south africa 
 
 
     
     
    Source text: (http://bit.ly/2fA9AKl) 
    Further company coverage:  8093.HK  
 
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