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Anhui Genuine New Materials sees 2017 net profit up about 80.5 pct to 100.4 pct

Monday, 22 Jan 2018 04:06am EST

Jan 22(Reuters) - Anhui Genuine New Materials Co Ltd <603429.SS>:Sees 2017 net profit to increase by about 80.5 percent to 100.4 percent .Says 2016 net profit was 52.8 million yuan.Says that increased operating profit as the main reason for the forecast .

Anhui Genuine New Materials buys 70 pct stake in Qujing-based printing firm

Monday, 15 Jan 2018 02:47am EST

Jan 15(Reuters) - Anhui Genuine New Materials Co Ltd <603429.SS>:Says it acquired 70 percent stake in Qujing-based printing firm .Previous news was disclosed on Jan. 12.

Anhui Genuine New Materials to buy 70 pct stake in printing firm for 45.8 mln yuan

Friday, 12 Jan 2018 12:39am EST

Jan 12 (Reuters) - Anhui Genuine New Materials Co Ltd <603429.SS>:Says it will buy 70 percent stake in Qujing-based printing firm for 45.8 million yuan .

BAT Says U.S. Tax Reform To Result In Non-Cash Exceptional Tax Credit

Tuesday, 9 Jan 2018 02:00am EST

Jan 9 (Reuters) - British American Tobacco Plc ::IMPACT ON BAT OF NEW US TAX LEGISLATION.‍FOR YEAR TO 31 DECEMBER 2017 ANNOUNCED CHANGES WILL HAVE NO IMPACT ON GROUP'S UNDERLYING EFFECTIVE TAX RATE​.‍FOR YEAR TO 31 DEC, CURRENTLY ANTICIPATE THAT CHANGES WILL REDUCE GROUP'S EFFECTIVE TAX RATE PERCENTAGE TO HIGH-TWENTIES​.‍ANTICIPATE THAT CHANGES WILL RESULT IN A NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ​.‍ALL OTHER THINGS BEING EQUAL, CHANGES WOULD RESULT IN A BENEFIT OF 6% TO FULL YEAR 2018 EARNINGS PER SHARE​.‍NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ARISING FROM ACQUISITION OF REYNOLDS AMERICAN INC​.

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