Renhe Commercial Holdings Co Ltd. provided earnings guidance for the year ended December 31, 2013. For the year, the board of directors of the company expects to record a loss for the year ended December 31, 2013, as compared to the profit recorded for the year ended December 31, 2012. Such expected loss is mainly attributable to a net valuation loss on investment properties as compared to the net valuation gain in 2012 and partly due to the impairment loss as a result of the settlement of outstanding receivables for the Chengdu Project and Anshan Project on a discounted basis.
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5-day change | 1st Jan Change | ||
0.66 HKD | +10.00% | -.--% | -.--% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-.--% | 752M | |
+13.72% | 37.51B | |
-0.64% | 36.18B | |
+25.45% | 35.72B | |
+7.94% | 28.65B | |
+5.89% | 27B | |
-12.80% | 26.08B | |
+11.77% | 19.25B | |
+18.70% | 18.87B | |
+3.57% | 14.16B |
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- Renhe Commercial Holdings Co Ltd Provides Earnings Guidance for the Year Ended December 31, 2013