Suntar Eco-City Limited Provides Group Earnings Guidance for the Year Ended December 31, 2017
February 28, 2018 at 08:36 am EST
Suntar Eco-City Limited provided group earnings guidance for the year ended December 31, 2017. The group expects to record a loss for financial year 2017 as compared to the previous corresponding financial year ended December 31, 2016. This was mainly due to lower sales of units for Lan County Project, lower gross profit margin for pharmaceutical products and the absence of disposal gain from sales of saplings recorded in financial year 2016.