Value Convergence Holdings Ltd. Provides Earnings Guidance for the Six Ended June 30, 2012
July 27, 2012 at 12:08 am EDT
Value Convergence Holdings Ltd. provided earnings guidance for the six ended June 30, 2012. For the period, the group's unaudited consolidated results are expected to record a loss for the Period as compared to the profit recorded in the corresponding period in 2011. The loss was mainly attributable to the reduction in revenue generated from the Group's financial services business due to the poor global and local economic and market conditions.