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BRIEF-Odella Leather expects net profit to decrease significantly for nine months ended 31 March 2017
May 10, 2017 / 3:05 PM / 7 months ago

BRIEF-Odella Leather expects net profit to decrease significantly for nine months ended 31 March 2017

May 10 (Reuters) - Odella Leather Holdings Ltd

* Expects revenue, gross profit and net profit after tax for nine months ended 31 march 2017 will decrease significantly

* Expected loss for nine months ended 31 March 2017 is primarily due to seasonal factors in leather garment industry

* Turnover and gross profit for nine months ended 31 march 2017 are expected to drop by more than 15% and 36% respectively Source text for Eikon: Further company coverage:

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