BRIEF-Clear Media Says Co Expects To Report Net Loss Attributable For Year

Feb 27 (Reuters) - Clear Media Ltd:

* EXPECTS TO REPORT A NET LOSS ATTRIBUTABLE FOR YEAR

* EXPECT OVERALL OUTDOOR ADVERTISING MARKET MAY BE MORE CHALLENGING IN COMING YEAR

* EXPECTS TO REPORT A NET LOSS ATTRIBUTABLE FOR YEAR VERSUS NET PROFIT ATTRIBUTABLE OF ABOUT RMB220.8 MILLION

* COST SAVINGS INITIATIVES WILL BE INTENSIFIED IN VIEW OF CHALLENGING TRADING CONDITIONS, TO FURTHER REDUCE CAPITAL EXPENDITURE Source text for Eikon: Further company coverage: