CDW Holding Limited Provides Unaudited Consolidated Earnings Guidance for the Full Year Ended 31 December 2018
February 28, 2019 at 10:45 am
The Board of Directors of CDW Holding Limited announced that the Company and its subsidiaries are likely to report a substantial reduction in the Group's unaudited consolidated operating profit for the full year ended 31 December 2018. The reduction in the unaudited consolidated operating profit was primarily caused by fewer orders attributable to inventory adjustment in the gameset division of the Group's LCD Backlight Units segment, the delay in mass production orders in the Group's OEM business and the impairment on financial assets.