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BRIEF-Shangri-la Asia issues profit alert
December 9, 2016 / 9:57 AM / in 10 months

BRIEF-Shangri-la Asia issues profit alert

Dec 9 (Reuters) - Shangri-la Asia Ltd

* expects group consol profit before non-operating items attributable for fy ending 31 dec 2016 will increase by at least 25%

* improvement in group’s net profit is due to substantial reduction in operation losses of hotel ownership segment in mainland china

* expects to record decline in consol profit attributable to equity holders of co after non-operating items for year ending 31 dec 2016 Source text for Eikon: Further company coverage:

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