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Lonking Holding Ltd Comments On H1 2013 Earnings Guidance


Thursday, 20 Jun 2013 05:46am EDT 

Lonking Holding Ltd announced that it expects to record an increase in its net profit for first half of 2013 as compared with the net profit of the Company for the corresponding period in 2012. Such increase is primarily due to (i) a foreign exchange gain from the Group’s U.S. dollar-denominated debts as a result of the depreciation in the value of the U.S. dollar, and (ii) a decrease in the operating and financial expenses of the Group during the period. 

Company Quote

1.42
-0.01 -0.70%
3:27am EDT