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Pacific Plywood Holdings Ltd Comments On FY 2012 Profit Guidance


Friday, 22 Mar 2013 10:00am EDT 

Pacific Plywood Holdings Ltd announced that for fiscal 2012, it expects to record a net profit as compared to a net loss of approximately HKD144.96 million in the corresponding period in fiscal 2011. The expected increase in net profit was mainly attributable to, including but not limited to (i) the reversal of impairment loss on loan receivables during the year; (ii) the decrease in impairment loss on loan receivables; and (iii) the changes in fair values of certain financial derivatives of the Company. 

Company Quote

0.111
0.0020 +1.83%
18 Dec 2014