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PanAsialum Holdings Co Ltd Comments On H2, FY 2013 Profit Guidance


Friday, 19 Jul 2013 12:10am EDT 

PanAsialum Holdings Co Ltd announced that based on the information currently available, the consolidated profit of the Company for the second half of 2013 is expected to record a significant decline when compared with that of the first half of 2013. Accordingly, the consolidated profit of the Company for fiscal 2013 is also expected to record a decline when compared with that of last year. Such decline is primarily due to the recent significant drop in the orders for electronics parts products from the major customer of the Company, and the recent weak performance of the Australian dollar which affects the profits of the Group’s export sales of construction and industrial products to the Australian market. In case that developments in coming months lead to materially different estimations from that set out above, the Company will provide updates on a timely basis. 

Company Quote

0.86
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16 Dec 2014