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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile

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Silver Grant International Industries Ltd Comments On FY 2012 Profit Guidance

Wednesday, 6 Feb 2013 05:30am EST 

Silver Grant International Industries Ltd announced that it expects the consolidated profit attributable to owners of the Company for fiscal 2012 is likely to decline significantly by more than 50% as compared with that of fiscal 2011. The decline in profit is mainly attributable to the unrealized loss recognized from the fair value change of available-for-sale investments and the decrease in profit contribution from principal associated companies and jointly controlled entities. 

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