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Sinotel Technologies Ltd Issues FY 2012 Guidance


Tuesday, 5 Feb 2013 04:08am EST 

Sinotel Technologies Ltd announced that the Group (the Company and its subsidiaries) is expected to record a net loss for fiscal year 2012. This was mainly attributable to thin profit margins arising from the increase in the subcontractor costs and the costs incurred in facilitating the initial certification of the completion for the projects. Further details of the Group's financial performance will be disclosed when the unaudited financial results for fiscal year 2012 are announced on or before March 1, 2013. 

Company Quote

0.06
0.0090 +17.65%
10 Jul 2014