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Silver Grant International Industries Ltd Comments on H1 2013 Earnings Guidance


Wednesday, 24 Jul 2013 06:25am EDT 

Silver Grant International Industries Ltd announced that, it expects that the consolidated profit attributable to owners of the Company for the first half of 2013 is likely to decline significantly by more than 50% as compared with that of the first half of 2012. The decline in profit are mainly attributable to the unrealized loss recognized from the fair value change of available for-sale investments and the inclusion of a one-off gain on disposal a subsidiary in the correspondence period. 

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