Southern Packaging Group Limited provided earnings guidance for the half year ended June 30, 2014. The group is expected to report a substantial lower financial results as compared to the corresponding period last year largely due to, amongst others, the following reasons: the lower demand for packaging materials in the PRC market; The increase in labor costs to comply with the minimum wage policy and employees benefits; & the costs incurred for the relocation of production bases and down time to commission the new plant and machinery.
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|
5-day change | 1st Jan Change | ||
0.575 SGD | +2.68% |
|
-.--% | -4.17% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-4.17% | 29.96M | |
-1.45% | 13.72B | |
-13.92% | 6.64B | |
+32.40% | 1.47B | |
+15.75% | 1.45B | |
-20.73% | 1.17B | |
+7.23% | 1.05B | |
-32.08% | 899M | |
+79.99% | 890M | |
+14.17% | 873M |
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- Southern Packaging Group Limited Provides Earnings Guidance for the Half Year Ended June 30, 2014