February 8, 2018 / 8:44 AM / 10 days ago

BRIEF-Haima Automobile Sets Aside Provision Of About 523 Mln Yuan For Asset Impairment

Feb 8 (Reuters) - Haima Automobile Group Co Ltd:

* SAYS IT SETS ASIDE PROVISION OF ABOUT 523 MILLION YUAN ($82.70 million) FOR ASSET IMPAIRMENT, TO REDUCE 2017 NET PROFIT BY 378 MILLION YUAN Source text in Chinese: bit.ly/2Edyagw Further company coverage: ($1 = 6.3240 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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