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Town Health International Investments Ltd Comments On FY 2012 Earnings Guidance


Friday, 8 Feb 2013 06:16am EST 

Town Health International Investments Ltd announced that based on a preliminary estimate, the Company is expected to record a substantial loss for fiscal 2012 as compared with the profit recorded for fiscal 2011. The Board wishes to emphasize that such loss is mainly attributable to unrealized losses arising on change in fair value of the Company's held-for-trading investments, which is non-cash in nature and will not have any cash flow burden to the Company. 

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