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China Water Property Group Ltd Comments H1 2013 Earnings Guidance


Monday, 29 Jul 2013 07:25am EDT 

China Water Property Group Ltd announced that it expects to record a significant loss in the financial results for the first half of 2013 as compared to the profit for the first half of 2012. The loss is primarily driven by (1) decrease in fair value gain on revaluation of investment properties of the Company in the PRC, (2) one-off share option expenses in relation to the share options granted and (3) the increase in finance cost due to the increase in general borrowings by the Company during the first half of 2013. 

Company Quote

0.45
-0.0050 -1.10%
11 Jul 2014