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Chinlink International Holdings Ltd Issues FY 2013 Earnings Guidance


Friday, 24 May 2013 05:26am EDT 

Chinlink International Holdings Ltd announced that for fiscal 2013, it expects to record a loss. Based on the information currently available, the loss was mainly attributable to the decrease in gross profit margin of both the interior decoration work and the trading of furniture and fixtures; significant increase in finance costs arising from the convertible bonds issued during the year calculated under effective interest rate; and the discontinuation of operations which were distributed in specie to the Shareholders in January of 2012. 

Company Quote

0.66
-0.01 -1.49%
18 Dec 2014