Qianhai Health Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2017
January 04, 2018 at 03:39 am EST
Qianhai Health Holdings Limited provided earnings guidance for the year ended December 31, 2017. For the year, the group expects to record a net profit for the as compared to a net loss for the corresponding year of 2016, which was primarily attributable to the recognition of provision of rebates and discounts of approximately HKD 240,000,000; provision for inventory write down of approximately HKD 97,000,000 and foreign exchange loss of approximately HKD 60,000,000 for the year ended December 31, 2016.