China Environmental Resources Group Limited provided earnings guidance for the six months ended 31 December 2015. For the period, the company expects to record a significant increase in losses as compared to the interim results for the corresponding period in 2014. This is the combined effects of increase in net loss on fair value changes on financial assets at fair value through profit or loss, loss from changes in fair value less costs to sell of biological assets, and increase in general and administrative expenses due to the commencement of a new car distribution business during the six months ended 31 December 2015.
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03-29 | China Environmental Resources' Unit Further Extends Deadline of Major Acquisition | MT |
03-07 | China Environmental Resources Completes Placement of 407.3 Million New Shares | MT |
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- China Environmental Resources Group Limited Provides Earnings Guidance for the Six Months Ended 31 December 2015