Polyard Petroleum International Group Limited provided earning guidance for the year ended December 31, 2014. For the year, the company expected to record a significant loss as compared to a loss reported for the corresponding year in 2013. The board considers that the significant loss of the group was mainly attributable to impairment loss on interests in a joint venture and associates due to fall in oil and coal prices; and the loss on disposal of a wholly-owned subsidiary.
Polyard Petroleum International Group Limited
Equities
8011
KYG7159B1775
Oil Related Services and Equipment
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- Polyard Petroleum International Group Limited Provides Earnings Guidance for the Year Ended December 31, 2014