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PanAsialum Holdings Co Ltd Comments On FY 2013 Profit Guidance


Thursday, 14 Nov 2013 11:20pm EST 

PanAsialum Holdings Co Ltd announced that based on the information currently available, the consolidated profit of the Company for fiscal 2013 is expected to record a significant decline when compared with the result of the Company last year. Such decline is primarily due to (i) a significant drop in the orders for electronics parts products from the major customer of the Company during the second half of 2013 and (ii) the weak performance of the Australian dollar during the period which affects the profits of the Company's export sales of construction and industrial products to the Australian market. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report net income of HKD495.03 million for fiscal 2013. 

Company Quote

0.86
0.0 +0.00%
16 Dec 2014