TCL Multimedia Technology Holdings Ltd. Provides Consolidated Earnings Guidance for the Fourth Quarter and Year Ended December 31, 2014
For the year, the company expected to record a turn from a loss to a profit compared to the corresponding period in 2013. Based on the information currently available, the company expected turn from a loss into a profit was primarily attributable to (i) the one-off income due to the closure of certain subsidiaries within the Group in the first half of 2014 and (ii) the improvement in the overall operating conditions of the Group.