Jiu Rong Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2015. Based on a preliminary assessment on the unaudited consolidated management accounts of the group, the board of directors of the company announced that it is expected to record a loss for the year ended 31 December 2015 as compared with the profit for the year ended 31 December 2014. The loss is mainly caused by: decrease in sale of water meters, television and set-top box of approximately 20%; increase in administrative and operating expenses of approximately 100% for the year ended 31 December 2015 compared with the corresponding year ended 31 December 2014; one-off impairment of intangible assets of approximately HKD 7.30 million; and one-off impairment of accounts receivables of approximately HKD 4.10 million.
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5-day change | 1st Jan Change | ||
0.018 HKD | -10.00% |
|
-28.00% | -30.77% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-30.77% | 14.02M | |
-4.59% | 98.69B | |
+6.09% | 13.33B | |
+74.98% | 8.13B | |
+22.18% | 4.34B | |
+14.93% | 4B | |
-6.16% | 3.95B | |
+37.71% | 3.27B | |
-10.02% | 3.03B | |
-14.16% | 2.99B |
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