Wan Cheng Metal Packaging Company Limited Provides Earnings Guidance for the Nine Months Ended 30 September 2018
November 07, 2018 at 04:20 pm IST
Wan Cheng Metal Packaging Company Limited provided earnings guidance for the nine months ended 30 September 2018. The group is expected to record a loss of approximately RMB 6.9 million, as compared to the net profit of approximately RMB 2.6 million for the corresponding period in 2017. Such loss was mainly attributable to decrease in gross profit and the recognition of share-based payment of approximately RMB 5.4 million which arose from the share options granted during the nine months ended 30 September 2018.