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Haikui Seafood AG lowers FY 2013 guidance and proposes no dividend for FY 2013


Wednesday, 4 Dec 2013 05:44am EST 

Haikui Seafood AG:Says Management expects revenue in RMB terms to decline year-on-year between 35 and 45 percent. Previously, the company anticipated revenue to decline by around 20 per cent.Says the company's profit margin will not be impacted materially since raw material is the component of cost of sales. For full year 2013, the company expects an EBIT margin in the range of 11 to 13 percent (previously: approximately 14 percent).Says the Management Board and the Supervisory Board of the company have decided not to propose a dividend payment for the financial year 2013 to the Annual General Meeting. 

Company Quote

4.1
0.067 +1.66%
13 Aug 2014