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Shinhint Acoustic Link Holdings Ltd Comments On H1 2013 Profit Guidance

Monday, 8 Jul 2013 05:02am EDT 

Shinhint Acoustic Link Holdings Ltd announced that based on the preliminary review on the unaudited consolidated management accounts, the Group expects to record a substantial decrease in loss for first half of 2013 as compared to that for the first half of 2012 and may even record a profit. Such substantial decrease in the loss or such profit was mainly attributable to the improvement of gross profit margin; the control of combined administrative and research and development expenses; and the substantial decrease in impairment loss on trade debtors. 

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