Reuters logo
BRIEF-National United Resources announces non-fulfillment of profit guarantee
March 31, 2017 / 2:03 PM / 6 months ago

BRIEF-National United Resources announces non-fulfillment of profit guarantee

March 31 (Reuters) - National United Resources Holdings Ltd

* Non-fulfillment of profit guarantee in respect of acquisition of 70% equity interest in million fortune international investment

* Failure to meet profit guarantee will not pose material adverse impact on financial position & business operation of group

* Co has received confirmation letter issued by auditors appointed by company, ratifying that actual profit was hk$15 million

* Guaranteed profit of hk$45 million has not been met Source text ( bit.ly/2oGyEjc ) Further company coverage: (bangalore.newsroom@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below