BRIEF-Shougang Concord Grand Group says results for FY expected to decline significantly

March 16 (Reuters) - Shougang Concord Grand Group Ltd

* Results for financial year ended 31 dec 2016 is expected

to decline significantly

* Loss attributable for fy ended 31 dec 2016 will increase

to approximately hk$82 million from approximately hk$55 million

last year

* Expected result due to an impairment loss of about hk$43

million on its interests in an associate for fy ended 31

december 2016

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