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Xiao Nan Guo Restaurants Holdings Ltd Comments On H1 2013 Earnings Guidance


Friday, 12 Jul 2013 04:56am EDT 

Xiao Nan Guo Restaurants Holdings Ltd announced that for the first half of 2013, it expects to record significant decline in unaudited net profit as compared to that for the corresponding period in 2012. Based on the information currently available, the decline of the unaudited net profit is mainly attributable to the drop in same store sales of the Group triggered by the government policy of restrictions on entertainment and hospitality; the impact of avian flu and the continuous slower growth of macro-economy. 

Company Quote

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24 Dec 2014