Kenford Group Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2014. The company expects that the group will record a loss attributable to owners of the company as compared to a profit attributable to owners of the company of approximately HKD 21,283,000 for the financial year ended 31 March 2013. The expected loss is primarily attributable to: The decrease in sales as a result of a decrease in orders from Mainland China and Thailand markets; The increase in statutory minimum wages of approximately 20% in the Mainland China; and The increase in components cost and operating expenses as a result of the appreciation of Renminbi.
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5-day change | 1st Jan Change | ||
0.415 HKD | -1.19% |
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+15.28% | -17.00% |
Apr. 08 | China In-Tech Limited Announces Change of Address of Principal Place of Business in Hong Kong | CI |
Feb. 26 | China In-Tech Limited Announces Appointment of Zhou Li Yang as Executive Director | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-17.00% | 28.67M | |
+27.23% | 31.15B | |
+42.05% | 7.28B | |
+87.01% | 6.73B | |
-25.43% | 4.96B | |
+24.40% | 4.07B | |
+13.98% | 3.39B | |
+36.26% | 3.25B | |
-3.15% | 2.9B | |
-10.34% | 2.72B |
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- Kenford Group Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2014