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India

Shougang Concord International Enterprises Co Says It Sees Increase In Consolidated Profit Attributable For FY


Friday, 15 Feb 2019 

Feb 15 (Reuters) - Shougang Concord International Enterprises Co Ltd <0697.HK>::SHOUGANG CONCORD INTERNATIONAL ENTERPRISES CO LTD SEES INCREASE OF APPROXIMATELY 450% TO 550% IN CONSOLIDATED PROFIT ATTRIBUTABLE FOR FY.EXPECTS TO RECORD AN INCREASE OF APPROXIMATELY 450% TO 550% IN CONSOLIDATED PROFIT ATTRIBUTABLE FOR YEAR.EXPECTED RESULT DUE TO IRON ORE TRADING TURNED AROUND FROM LOSS TO PROFIT IN BEGINNING OF YEAR 2018. 

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