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Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: KGI Greater China

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Ajisen (China) Holdings Ltd Comments On FY 2012 Profit Guidance

Wednesday, 6 Feb 2013 03:16am EST 

Ajisen (China) Holdings Ltd announced that based on the Group’s unaudited management accounts for fiscal 2012, the consolidated profit attributable to the Shareholders for fiscal 2012 it expects to significantly decline as compared to fiscal 2011. The reasons for the expected decline in the consolidated profit attributable to the Shareholders for the fiscal 2012 are primarily as follows; Decrease in revenue and comparable restaurant sales growth as a result of the impact from the Diaoyu Island dispute during second half of 2012 ; General sluggish consumers’ sentiment in the year of 2012; Increase in the selling, administrative and other operating expenses incurred by the Group including expense recognition of the share-based payments arising from share options granted to certain employees of the Group around the third quarter of 2011. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $131.22 million for fiscal 2012. 

Company Quote

-0.08 -1.38%
24 Dec 2014