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BRIEF-Yugang International issues profit warning
March 3, 2017 / 10:21 AM / 7 months ago

BRIEF-Yugang International issues profit warning

March 3 (Reuters) - Yugang International Ltd:

* Expecting to record substantially decreased profit attributable to shareholders of about hk$25.0 million for year ended 31 december 2016

* Result due to fair value losses of approximately hk$35.4 million on group’s portfolio of equity investments

* Expected result due to decrease in share of profit of an associate of company, y. t. Realty group limited

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