Delong is third top gainer after positive profit guidance

SINGAPORE (Feb 21): Delong Holdings is the third top gainer on the Singapore market this morning after announcing a positive profit guidance.

As at 11.57am, shares in steelmaker are up 38 cents or 9.8% to $4.24 with 469, 200 shares traded.

In a Tuesday night filing, Delong says it expects to report a significant increase in net profit in 4Q17 and FY17 compared to the corresponding year, following a preliminary review of the unaudited results for the periods in review.

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