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North Asia Strategic Holdings Ltd Comments On Q1 2013 Earnings Guidance

Tuesday, 30 Jul 2013 07:39am EDT 

North Asia Strategic Holdings Ltd announced that, based on the preliminary assessment of the management accounts of the Company for the first quarter 2013 and information currently available to the Company, it is expected to record an unaudited consolidated net loss for the first quarter of 2013 as compared to the unaudited consolidated net profit recorded for the corresponding period last year. The unaudited consolidated net loss expected to be recorded by the Company for the first quarter of 2013 was principally due to an increase in the Company‚Äôs one-off expenses in relation to professional services rendered to the Group, inter alia, for the proposed issuance of convertible preference shares with unlisted warrants under a specific mandate in the first quarter of 2013. 

Company Quote

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21 Aug 2014