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HL Technology Group Ltd comments on FY 2013 earnings outlook

Tuesday, 24 Dec 2013 04:00am EST 

HL Technology Group Ltd:Says for FY 2013 it expects to record a loss which is expected to be greater than that recorded for the H1 2013.Says the loss was mainly attributable to, among other things, that the continuing challenges and uncertainties in the global economies and the computer and consumer electronics industries which had severely affected the Group’s businesses.Says and also because of, a substantial notional interest expense incurred by the Remaining Group due to the early redemption of the promissory note (which was issued by the company as the consideration for acquiring Rosy Sun Investments Limited) as a result of the Disposal. 

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