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Lerado Group (Holding) Co Ltd Comments On H1 2013 Guidance
Lerado Group (Holding) Co Ltd announced that based on the preliminary review of the management accounts for the five months ended May 31, 2013 the Group for first half of 2013 expects the financial results to decrease significantly as compared with that for first half of 2012. The Company considers that the decrease in the financial results was mainly attributable to the increase in staff and labour cost and continuous appreciation in Renminbi as compared to the same period of last year.
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