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BRIEF-Weiye Holdings expects to report a lower net profit for FY2016
February 22, 2017 / 10:44 AM / 8 months ago

BRIEF-Weiye Holdings expects to report a lower net profit for FY2016

Feb 22 (Reuters) - Weiye Holdings Ltd

* Group is expected to report a lower net profit attributable to owners of company for fy2016

* Group is expected to record a decrease in revenue of about 40% and net profit of about 31% for twelve months ended 31 december 2016

* Lower revenue was mainly due to a delay of completion of certain property development projects Source text for Eikon: Further company coverage:

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