Far East Group Limited provided preliminary unaudited consolidated earnings guidance for the half year ended 30 June 2015. The group is expected to report a net loss for the first half of 2015. The net loss was primarily due to the following: the group is experiencing a slowdown in projects mainly in China which resulted in some orders being deferred to the second half of the financial year ending 31 December 2015; increasing labour costs and greater competition; and the group's unquoted investment not announcing any dividends in first half of 2015.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.059 SGD | +1.72% | 0.00% | -25.32% |
1st Jan change | Capi. | |
---|---|---|
-25.32% | 4.89M | |
+2.99% | 160B | |
+28.09% | 144B | |
+37.98% | 135B | |
+16.31% | 65.68B | |
+2.29% | 39.26B | |
+106.83% | 39.16B | |
+7.21% | 32.43B | |
-12.56% | 31.38B | |
+9.99% | 29.45B |
- Stock Market
- Equities
- 5TJ Stock
- News Far East Group Limited
- Far East Group Limited Provides Preliminary Unaudited Consolidated Earnings Guidance for the Half Year Ended 30 June 2015