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.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.02 HKD | -9.09% | -23.08% | -23.08% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-23.08% | 15.42M | |
-4.77% | 97.72B | |
+6.09% | 12.57B | |
+72.63% | 8.29B | |
+20.31% | 4.29B | |
+14.93% | 4.03B | |
-4.45% | 4.03B | |
+36.54% | 3.31B | |
-10.02% | 3.08B | |
-14.16% | 3.06B |
- Stock Market
- Equities
- 2358 Stock
- News Jiu Rong Holdings Limited
- Jiu Rong Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2015