Perfectech International Holdings Ltd. Provides Group Earnings Guidance for the Year Ended December 31, 2011
February 22, 2012 at 10:12 am EST
Perfectech International Holdings Ltd. provided group earnings guidance for the year ended December 31, 2011. For the year, the company expects to record a consolidated net loss as compared to a consolidated net profit for the same corresponding period in 2010, which was mainly due to, among others, the increase in share based payment as a result of the options granted during the year, realised loss on disposal of investments held-for-trading and unrealised loss on fair value change of investments held-for-trading.