TC

05/12/2016 08:19

Lonking (03339) sees substantial growth in annual net profit

    Lonking (03339) said it expects to record a substantial increase in its net profit for the year ending 31 December 2016, as compared to the corresponding period in the previous year.
  It is mainly due to the profitability in the second half of this year was significantly better than the corresponding period in the previous year. The increase in net profit in the second half of this year is mainly due to an increase in business revenue; an effective control on cost; and an increase in foreign exchange gain as compared to the second half of last year. 

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