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NetDragon Websoft Inc Comments On FY 2012 Profit Guidance

Friday, 1 Feb 2013 09:00am EST 

NetDragon Websoft Inc announced that for fiscal 2012, it expects to record a decrease in the profit mainly due to the increase of loss arising on changes of fair value and the finance cost of the redeemable convertible preferred shares as compared to the profit attributable to owners of the Company for fiscal 2011. The Board further mentions that the significant decrease in the profit attributable to owners of the Company will not have any cash flow effects or pressure to the ordinary course of business operation of the Company. The extent of the decrease has yet to be ascertained as at the date of this announcement. 

Company Quote

0.7 +5.18%
3:59am EDT