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Chaswood Resources Holdings Ltd Issues FY 2012 Profit Guidance


Friday, 15 Feb 2013 04:19am EST 

Chaswood Resources Holdings Ltd announced that it expects to report a loss for its full year results ended December 31, 2012 (FY 2012). The Group expects to report a loss for FY 2012 due mainly to the losses arising from expenses and goodwill written off as a result of the RTO exercise incurred in the first half year ended June 30, 2012 (H1 2012) and further losses in the second half year ended December 31, 2012, which were mainly attributable to the following reasons: higher equipment written off as a result of closure of outlets; and higher operating costs i.e. marketing and labor costs as well as pre-operating costs of new outlets opened as a result of expansion. 

Company Quote

0.12
0.019 +18.81%
22 Aug 2014