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Shougang Concord Technology Holdings Ltd Comments On FY 2012 Earnings Guidance


Tuesday, 12 Feb 2013 09:00am EST 

Shougang Concord Technology Holdings Ltd announced that based on the unaudited consolidated management accounts of the Company for fiscal 2012 and the information currently available, the loss attributable to owners of the Company in its consolidated accounts for fiscal 2012 is expected to increase significantly as compared with that for fiscal 2011. Such increase is mainly attributable to a loss resulted from change in fair value of the derivative components of convertible loan notes. In 2011, the Group recorded a gain of approximately HKD63 million in the change in fair value of derivative components of convertible loan notes. 

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29 Aug 2014