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BRIEF-Pax Global Technology Expects An Increase Of Not Less Than 50 Pct In Net Profit For FY

Dec 4 (Reuters) - Pax Global Technology Ltd:

* EXPECTED TO RECORD AN INCREASE OF NOT LESS THAN 50% IN NET PROFIT FOR FY

* EXPECTED RESULT DUE TO ABSENCE OF A ONE-OFF IMPAIRMENT OF ASSETS RECOGNISED IN FINANCIAL YEAR ENDED 31 DECEMBER 2017 Source text for Eikon: Further company coverage: