Feb 11 (Reuters) - Yue Yuen Industrial (Holdings) Ltd 0551.HK:
SEES INCREASE OF 55% TO 60% IN ITS PROFIT ATTRIBUTABLE FOR YEAR
EXPECTED RESULT DUE TO SUBSTANTIAL RISE IN BRAND CUSTOMERS' DEMAND FOR FOOTWEAR PRODUCTS, OTHERS
INDONESIAN TAX BUREAU CLAIMED ADDITIONAL TAXES OF US$79.0 MILLION & US$30.0 MILLION FROM UNITS
IF ADDITIONAL INCOME TAX EXPENSE RECOGNIZED IN FINANCIAL STATEMENTS FOR FY, EXPECTED TO HAVE 5% TO 10% ADVERSE IMPACT ON PROFIT
Further company coverage: 0551.HK
((Reuters.Briefs@thomsonreuters.com;))