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Heng Xin China Holdings Ltd Comments On H1 2013 Profit Guidance

Thursday, 11 Jul 2013 11:45am EDT 

Heng Xin China Holdings Ltd announced that it expects to record a considerable reduction in net profit for the first half of 2013 as compared to the net profit recorded for the corresponding period in 2012. The reduction in net profit of the Company for the first half of 2013 were mainly attributable to (1) the drop in the Company's revenue; (2) the absence of any gain on disposal of intangible assets; and (3) the drop in the overall gross profit margin, as compared with the same period of last year. 

Company Quote

0.0020 +1.52%
27 Feb 2015