China Great Land Holdings Ltd. provided earnings guidance for the financial year ended December 31, 2012. For the year, the company expects significant loss for fiscal year 2012 as a result of, significant slow down and intense competition in the Hainan construction market for fiscal year 2012, leading to low margins for the Group's construction contracts; persistently high costs of production, attributed mainly to high raw material prices and increasing direct labor costs; and high costs of financing.
China Great Land Holdings Ltd.
Equities
D50
SG1Q76923560
Construction Supplies & Fixtures
1st Jan change | Capi. | |
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+11.76% | 39.38B | |
+3.44% | 31.4B | |
+27.90% | 19.24B | |
-19.73% | 16.89B | |
-2.69% | 14.71B | |
-16.63% | 8.12B | |
-12.31% | 8.06B | |
-16.93% | 7.1B | |
+31.29% | 6.9B |