Chi Silver Gp (00815): 1H profit to drop at least 40% X
10/08/2018 17:51
(Infocast News)      China Silver Group (00815) expects its consolidated net profit attributable to the owners of the company for the first half of 2018 to decrease by not less than 40% compared to RMB171 million for the same period in 2017 mainly attributable to: (i) the further tightening of environmental measures beginning in the second half of 2017 which adversely affected the overall performance of the smelting business; and (ii) the absence of a significant reversal of an over-provision of income tax expense.

(WL)



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