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BRIEF-Kingdom Holdings ‍expects FY net profit to decrease by about 60%​
October 17, 2017 / 10:43 AM / a month ago

BRIEF-Kingdom Holdings ‍expects FY net profit to decrease by about 60%​

Oct 17 (Reuters) - Kingdom Holdings Ltd

* Expects that net profit of group for year ending 31 December 2017 will decrease by not less than 60 pct​

* Expected result due to lower gross margin from group’s strategic reduction of average selling price of linen yarn since April 2016​ Source text for Eikon: Further company coverage:

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