Yat Sing Holdings Limited Provides Earnings Guidance for the Six Months Ended December 31, 2017
February 22, 2018 at 05:14 am EST
The board of directors of Yat Sing Holdings Limited informed the shareholders of the company and potential investors that, based on the group's unaudited consolidated management accounts for the six months ended December 31, 2017, the group is expected to record a small profit for the six months ended December 31, 2017 as compared to a loss for the corresponding
period of last year. The Board considers that the aforesaid turnaround from loss to profit was due to the decrease in administrative cost.