Kenford Group Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2014. The company expects that the group will record a loss attributable to owners of the company as compared to a profit attributable to owners of the company of approximately HKD 21,283,000 for the financial year ended 31 March 2013. The expected loss is primarily attributable to: The decrease in sales as a result of a decrease in orders from Mainland China and Thailand markets; The increase in statutory minimum wages of approximately 20% in the Mainland China; and The increase in components cost and operating expenses as a result of the appreciation of Renminbi.
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5-day change | 1st Jan Change | ||
0.36 HKD | 0.00% | -7.69% | -28.00% |
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02-26 | China In-Tech Limited Announces Appointment of Zhou Li Yang as Executive Director | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-28.00% | 24.57M | |
+27.76% | 31.64B | |
+45.77% | 7.69B | |
+90.44% | 6.92B | |
-27.63% | 4.87B | |
+19.93% | 4.02B | |
+14.38% | 3.39B | |
+29.88% | 3.27B | |
+8.22% | 3.11B | |
+1.22% | 3B |
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- Kenford Group Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2014