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Phoenitron Holdings Ltd Comments On FY 2012 Earnings Guidance

Friday, 22 Mar 2013 10:00am EDT 

Phoenitron Holdings Ltd announced that for fiscal 2012, it expects to record a loss as compared to the profit reported for fiscal 2011. The Board considers that the profit reported for fiscal 2011 was mainly attributable to (i) a fair value gain on derivative portion of the preferred shares of a jointly controlled entity and (ii) a gain on partial disposal of a jointly controlled entity. 

Company Quote

-0.01 -4.29%
2:58am EST