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Rising Development Holdings Ltd Comments On FY 2013 Earnings Guidance


Tuesday, 18 Jun 2013 12:25am EDT 

Rising Development Holdings Ltd announced that based on preliminary assessment of the unaudited consolidated management accounts of the Company and information currently available, the Company expects to record an increase in loss for fiscal 2013, compared with the loss for fiscal 2012. Such increase in loss was mainly attributable to the unrealised loss on investments in listed financial assets at fair value through profit or loss and fair value change on derivative components embedded in convertible notes and impairment loss on exploration and evaluation assets. 

Company Quote

5.67
0.03 +0.53%
3:59am EDT