March 23, 2018 / 11:04 AM / 8 months ago

BRIEF-China Shengmu Organic Milk Sees FY Loss Attributable OF RMB1 Bln

March 23 (Reuters) - China Shengmu Organic Milk Ltd :

* EXPECTS ‍TO RECORD A LOSS ATTRIBUTABLE​ FOR FY

* EXPECTED RESULT DUE TO GENERAL DECLINE IN PRICE OF RAW MILK

* SEES FY LOSS ATTRIBUTABLE OF RMB1 BILLION

* SEES LOSS ARISING FROM CHANGES IN FAIR VALUE LESS COSTS OF SALES OF BIOLOGICAL ASSETS OF RMB600 MILLION FOR FY17 Source text for Eikon: Further company coverage:

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