BRIEF-Ding He Mining Holdings says expects to record consol net profit for FY16

March 23 (Reuters) - Ding He Mining Holdings Ltd:

* Expected to record a consolidated net profit for year

ended 31 December 2016

* Expected results due to gain resulted from final reduced

bank loans settlement of approximately HK$193.0 million

recognised in current year

* "Gain is one-off and non-recurring in nature and group is

expected to have operational loss for current year"

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