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PanAsialum Holdings Co Ltd updates on H1 2014 earnings outlook


Wednesday, 14 May 2014 12:15am EDT 

PanAsialum Holdings Co Ltd:Says based on the information currently available, the consolidated profit and the gross profit for H1 2014 are expected to record a significant decline when compared with H1 2013.It is due to the increase in the cost of aluminium ingots could not be immediately passed to the customers.The continued weakness in the Australian dollar has affected the profits of the group’s export sales of construction and industrial products to the Australian market.The trend of weak orders for products with higher profit margin during H2 2013 has continued into the Q1 2014. 

Company Quote

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16 Dec 2014