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Strong Petrochemical Holdings Ltd Comments On FY 2013 Profit Guidance


Wednesday, 8 May 2013 05:21am EDT 

Strong Petrochemical Holdings Ltd announced that it is expecting that the Company may experience a profit for the year ended March 31, 2013 as compared to a loss in the year ended March 31, 2012. Such expected profit was primarily attributable to the increase in revenue and gross profit of the Company during the year ended March 31 2013 and the recognition of fair value increase on derivatives financial instrument in relation to a shipment concluded and delivered in the year ended March 31, 2012. 

Company Quote

0.92
0.02 +2.22%
2:25am EDT