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Provider: Wright Reports
Provider: Sadif Analytics Prime

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Kenford Group Holdings Ltd Comments On H1 2014 Earnings Guidance

Friday, 8 Nov 2013 04:44am EST 

Kenford Group Holdings Ltd announced that for the first half of 2014, it expects that the group may record a substantial reduction in consolidated net profit as compared to that for the first half of 2013. The primary reason for the substantial decrease in consolidated net profit is contributed by the increase in components cost and operating expenses as a result of the appreciation of Renminbi and the increase in statutory minimum wages in the People‚Äôs Republic of China during the financial period. 

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