February 27, 2018 / 10:31 AM / 4 months ago

BRIEF-Avic International Expects To Record Decrease Of About 50 Pct In FY Loss Before Tax

Feb 27 (Reuters) - Avic International Holding (Hk) Ltd :

* EXPECTED TO RECORD A SIGNIFICANT DECREASE OF ABOUT 50% IN LOSS BEFORE TAX FOR YEAR ENDED 31 DECEMBER 2017​

* ‍IMPROVEMENT IN LOSS POSITION WAS MAINLY ATTRIBUTABLE TO DECREASE IN LOSSES OF CERTAIN INVESTMENTS​

* ‍EXPECTS TO RECORD REVENUE FROM PROPERTY DEVELOPMENT & INVESTMENT BUSINESS FOR FY OF ABOUT HK$1.5 BILLION​ Source text for Eikon: Further company coverage:

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