Blumont Group Ltd. provided earnings guidance for the second quarter ended June 30, 2015. For the quarter, the company expected to report net losses for Second Quarter 2015 and the half-year ended June 30, 2015, due largely to the fair value readjustments of the group's investments in transferable securities (financial assets), given the recent volatility in the financial markets and global economy.
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- Blumont Group Ltd. Provides Earnings Guidance for the Second Quarter Ended June 30, 2015