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Shirble Department Store Holdings (China) Ltd gives FY 2013 earnings guidance

Friday, 10 Jan 2014 05:52am EST 

Shirble Department Store Holdings (China) Ltd:Says the group would continue to incur net loss for the year ended Dec. 31, 2013 due to the following reasons.The impairment loss and related expenses arising mainly from the closure/under-performance of certain department stores in Dongguan, which incurred operating losses but contributed insignificant percentage of the sales revenue of the group and.The operating losses incurred by five department stores of the group which were opened in the fourth quarter of 2012 and the first quarter of 2013. 

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