BH Global Marine Limited provided earnings guidance for the fourth quarter ended December 31, 2012. The Board of Directors of the company advised shareholders that the Group expects to report a loss for the fourth quarter of 2012 Results. The Board's guidance is mainly due to the following factors: Write-off of deposit for purchase of land in Batam; Write-off of inventory; and Lower gross margin resulting in a loss to the Group's Engineering Services division due to the depreciation of the Indonesian Rupiah and US Dollar against the Singapore Dollar.
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5-day change | 1st Jan Change | ||
0.157 SGD | -16.04% | -16.04% | +74.44% |
04-30 | BH Global Corporation Limited Announces Board and Committee Appointments | CI |
04-30 | BH Global Corporation Limited Approves One-Tier Tax Exempt Final Dividend | CI |
1st Jan change | Capi. | |
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+74.44% | 34.94M | |
+4.17% | 151B | |
+25.84% | 142B | |
+40.09% | 135B | |
+15.12% | 64.09B | |
+2.07% | 38.96B | |
+118.95% | 39.37B | |
+3.58% | 31.12B | |
-16.71% | 29.48B | |
+7.81% | 29.34B |
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- BH Global Marine Limited Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2012