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Water Oasis Group Ltd comments on FY 2013 earnings guidance


Thursday, 5 Dec 2013 06:15am EST 

Water Oasis Group Ltd:Sees to record a substantial decrease in profit attributable to owners of the company, about 50 pct decrease, for FY 2013 , as compared with that for FY 2012.The decrease was primarily attributable to a one-off provision of about of HK$21.9 million for additional payment obligations in respect of the remuneration and entitlements of certain employees and thus increased annual staff costs, and.The termination of the Group’s h2o+ distributorship rights, and all related operations, in the People’s Republic of China and Taiwan in FY 2012 leading to a loss of sales in FY 2013. 

Company Quote

0.57
0.0 +0.00%
22 Oct 2014