China Investment Fund Company Limited Provides Earnings Guidance for the Year Ended December 31, 2011
February 07, 2012 at 10:10 am EST
China Investment Fund Company Limited provided earnings guidance for the year ended December 31, 2011. Based on preliminary review on the company's management accounts, the company is expected to record a loss for the year ended December 31, 2011 as compared to the profit for the year ended December 31, 2010. Based on the information currently available, such loss was attributable to the disposal of subsidiary and decrease in the net realized gain on disposal of financial assets.