Shandong Weigao Group Medical Polymer Co., Limited Announces Management Changes; Provides Earnings Guidance for the Full Year Ended December 31, 2013
The board of Shandong Weigao Group Medical Polymer Company Limited provided earnings guidance for the full year ended December 31, 2013. For the year, the company expects to result in a loss in total comprehensive income in the amount of approximately RMB 449 million, the group expects to record a significant decrease in consolidated profit attributable to owners of the company for the year ended December 31, 2013 as compared with the consolidated profit attributable to owners of the company recorded for the year ended December 31, 2012. This profit warning announcement is only based on the preliminary review by the company's management of the group's management accounts which have not been reviewed by the independent auditor or the audit committee of the company.