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Tech Pro Technology Development Ltd gives FY 2013 earnings outlook


Monday, 3 Mar 2014 07:14am EST 

Tech Pro Technology Development Ltd:Expects the group to record a consolidated net loss for FY 2013 as compared to the consolidated net loss recorded for FY 2012.The consolidated net loss for FY 2013 has been reduced substantially as the group has discontinued the manufacturing and sale of aluminum electrolytic capacitors business during the year whose net loss after the disposal date is no longer consolidated for FY 2013.The board considers that the group’s consolidated net loss for FY 2013 was primarily due to amortization of intangible assets; imputed interest incurred on the unlisted bonds issued in 2012.The changes of fair value on the unlisted bonds; imputed interests incurred on the promissory notes;.a decrease in gross profit margin; and the net loss from discontinued the manufacturing and sale of aluminum electrolytic capacitors business. 

Company Quote

5.94
0.09 +1.54%
1:56am EDT