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Pine Technology Holdings Ltd Comments On FY 2013 Earnings Guidance

Monday, 9 Sep 2013 12:01am EDT 

Pine Technology Holdings Ltd announced that it is expected to record a profit for fiscal 2013 as compared to a loss recorded in fiscal 2012. This is mainly attributable to a decrease in general expenses and a possible gain arising from reclassification of exchange reserve to profit or loss upon liquidation of subsidiaries. 

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