Luk Fook Holdings (International) Ltd Comments On H1 2014 Earnings Guidance

Thursday, 14 Nov 2013 04:10am EST 

Luk Fook Holdings (International) Ltd announced that, based on the preliminary review on the draft unaudited consolidated management accounts of the Group for the first half of 2014, the Group expects the profit attributable to Shareholders to increase significantly for the first half of 2014 as compared to that of the first half of 2013. The Board considers that this is mainly due to the substantial increase in sales of gold products and promising growth in sales of gem-set jewellery products. According to I/B/E/S Estimates, analysts are expecting the Company to report Net Income of $855.5 million for the first half of 2014. 

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30 Sep 2014