SRE Group Limited provided consolidated earnings guidance for the six months ended June 30, 2015. For the six months, the company expects to record a significant decrease in the revenue as compared with that of the corresponding period in 2014, and to record a loss in the consolidated net profit attributable to the owners of the Company. These were mainly due to the reason that major projects of the Group are still under development and have yet to hand over the properties to buyers such that presale proceeds received there under have yet to be recognized as revenue under the current period.
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05-13 | SRE Group Delays Dispatch of Circular for Disposal of Stake in Two Firms | MT |
05-13 | SRE Shareholders to Vote May 29 on Stake Disposal in Shanghai Builder | MT |
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- SRE Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2015