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Provider: Thomson Reuters Stock Report

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Playmates Holdings Ltd Comments On FY 2012 Earnings Guidance

Friday, 1 Mar 2013 04:17am EST 

Playmates Holdings Ltd announced that it expects to report a significant increase in profit for fiscal 2012 as compared to the results for the year ended December 31, 2011. The improvement is mainly attributable to the substantial increase in the value of the property investments of the Group and in the operating results of Playmates Toys Limited (PTL), an indirect non wholly-owned subsidiary of the Group. PTL is expected to report a turnaround from a loss in 2011 to a profit for the year ended December 31, 2012 and make a positive contribution to the results of the Group. 

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-0.14 -1.45%
25 Jul 2014