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UDL Holdings Ltd Comments On FY 2013 Earnings Guidance


Friday, 25 Oct 2013 11:55am EDT 

UDL Holdings Ltd announced that, mainly due to a substantial loss in the discontinued hotel operations of the Group during fiscal 2013 arising from the impairment on the assets of the hotel operation which has been classified as held for sale and the fact that for the fiscal 2013, there was no such one-off gain on restructuring the promissory note issued by Sunfill Limited (being a wholly owned subsidiary of the Company and the holding company of the said hotel operation) as recognised in the fiscal 2012, it is expected that the Group may experience a greater net loss for the fiscal 2013 compared with that of the fiscal 2012. 

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4.29
-0.7 -14.03%
30 Jun 2015