February 14, 2020 / 10:27 AM / 4 days ago

BRIEF-Vincent Medical Holdings Says Co Expected To Record A Decrease In FY Profit Attributable

Feb 14 (Reuters) - Vincent Medical Holdings Ltd:

* EXPECTED TO RECORD A DECREASE OF ABOUT HK$20 MILLION IN PROFIT ATTRIBUTABLE FOR FY2019

* EXPECTED TO RECORD A DECREASE OF ABOUT HK$20 MILLION OR 65% IN PROFIT ATTRIBUTABLE FOR YEAR

* EXPECTED RESULT DUE TO INCREASE IN DEMAND IN PREMIUM DELIVERY SERVICES FROM CLIENTS AND INCREASED MARKETING EXPENSES FOR NEW PRODUCTS

* EXPECTED RESULT DUE TO INCREASE IN SELLING AND DISTRIBUTION EXPENSES BY HK$4.4 MILLION Source text for Eikon: Further company coverage:

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