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Ceneric Holdings Ltd Comments On H1 2013 Earnings Guidance


Tuesday, 20 Aug 2013 05:40am EDT 

Ceneric Holdings Ltd announced that it expects the Group for the first half of 2013 may show a loss. Such loss was mainly due to the drop in revenue because on November 6, 2012 the Group disposed entire shares in its indirectly held wholly owned subsidiaries of the travel segment which previously shared substantial amount of the Group’s revenue, the revenue and profit contribution from the Group’s Property Development Segment was at a low level, and the increase in administrative expenses as compared to those for the first half of 2012. 

Company Quote

0.137
-0.0040 -2.84%
23 Jul 2014