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00658 C TRANSMISSION
RTNominal down0.950 -0.030 (-3.061%)
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21/08/2018 10:48

C Transmission (00658) sees interim profit to drop 70%

[ET Net News Agency, 21 August 2018] China High Speed Transmission Equipment (00658)
said it expects the profit attributable to the owners for the six months ended 30 June
2018 to record a decrease of 70% as compared to that for the corresponding period of 2017.
Such decrease is mainly attributable to the decrease in quantity delivered and increase
in cost of sales of wind gear transmission equipment of the group during the first half of
2018.
The interim results of the group will be published in late August. (SC)

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