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CIL Holdings Ltd Comments On FY 2013 Earnings Guidance

Tuesday, 17 Sep 2013 07:50am EDT 

CIL Holdings Ltd announced that for fiscal 2013, it expects to record audited consolidated net loss. Though increases in revenue and overall gross profit generated from the ordinary course of business of the Group for fiscal 2013 were recorded as compared with the fiscal 2012, the overall gross profit margin remained at low level. The gross profit was unable to cover the substantially increased administrative and staff expenses for the year and the Group is likely to record audited consolidated net loss for the fiscal 2013. 

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22 Aug 2014