January 3, 2017 / 7:30 AM / 7 months ago

BRIEF-Deacons (East Africa) Plc sees lower earnings for FY 2016

Jan 3 (Reuters) - Deacons (East Africa) Plc :

* Says earnings for current financial year are expected to be lower by at least 25% than earnings reported for same period in 2015

* Says drop in profit was primarily occasioned by delayed openings of Adidas, Bossini and F&F stores at The Hub, Karen Source: j.mp/2ixTjEp Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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