FIH (02038.HK) +0.090 (+2.233%) Short selling $6.72M; Ratio 5.342% issued a positive profit alert, expecting to record a substantial increase of 80% to 100% in net profit compared with 2013 (US$77.28 million). The increase was mainly due to the corresponding continuous enhancement of the group’s yield and operation efficiency; control of the cost of sales and general and administrative expenses; and optimisation of the research and development resources.
BASETROPHY GP (08460.HK) Expects Jan-Aug Results to Swing to Loss BASETROPHY GP (08460.HK) -0.013 (-8.280%) issued a profit warning. The group is expected to record a loss for the eight months ended 31 August 2017 as compared with a net profit for the same period of 2016, mainly due to the decrease in revenue recognised by the group and increase of listing expense
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