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Kiu Hung Energy Holdings Ltd Comments On H1 2012 Earnings Guidance
Kiu Hung Energy Holdings Ltd announced that Based on the information currently available, it is anticipated that the 2012 Interim Results may record a loss more than the loss for the corresponding six-month period ended June 30, 2011. The expected increase in loss was mainly attributable to a decrease in gain arising on changes in fair value of the Company’s financial liabilities at fair value through profit or loss and an increase in share-based payment expenses and an increase in finance costs.
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