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Lippo Ltd Comments On FY 2012 Earnings Guidance


Thursday, 21 Feb 2013 06:03am EST 

Lippo Ltd announced that it expects to record a substantial decrease in profit for fiscal 2012 as compared to the profit recorded for the corresponding period in 2011 based on information currently available to the Company. The estimated decrease in profit was mainly attributable to the non-recurrence in 2012 of significant fair value gains of an investment property held by the Group’s associates following its completion in 2011 and higher finance costs incurred by the Group’s associates. 

Company Quote

4.2
0.04 +0.96%
19 Dec 2014