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China Motion Telecom International Ltd Comments On FY 2013 Profit Guidance


Friday, 7 Jun 2013 04:50pm EDT 

China Motion Telecom International Ltd announced that record a profit for fiscal 2013 as compared to a loss for fiscal 2012. The expected profit is mainly attributable to the combined effect of (i) the increase in fair value of the investment properties of the Group; (ii) the gain on the disposal of mobile communications services in March 2013; and (iii) the impairment loss of goodwill to be recognized in respect of the retail management services business in Shanghai. 

Company Quote

1.23
0.0 +0.00%
15 Jul 2014