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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports

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Asian Capital Holdings Ltd Comments On Q2, H1 2013 After Tax Profit Guidance

Wednesday, 3 Jul 2013 11:45am EDT 

Asian Capital Holdings Ltd announced that for the second quarter of 2013, it expected to record an after tax profit as compared to an after tax loss for the first quarter of 2013, contributing in aggregate to a small after tax profit for the first half of 2013; yet, the after tax profit for the first half of 2013 is expected to be significantly lower than that for the corresponding period in 2012. Based on the information available for the time being, the Board considers that the expected profit in the second quarter of 2013 was mainly attributable to an increase in investment income which helped to recover the losses incurred in the first quarter of 2013. Yet the investment income in the first half of 2013 as a whole was significantly lower than that of the corresponding period in 2012. 

Company Quote

-0.089 -32.36%
22 Jul 2014