Chanco International Group Ltd. provided earnings guidance for the year ended March 31, 2013. For the year, the Group is expected to record a loss as compared to a profit for the year ended March 31, 2012. The expected loss was mainly due to decrease of turnover, decrease in gross profit margin of manufacturing business as a result of the increase in raw material cost and rising operating cost in the PRC and decrease in net foreign exchange gain for the year.
China International Development Corporation Limited
Equities
264
KYG2121T1094
Textiles & Leather Goods
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5-day change | 1st Jan Change | ||
1.05 HKD | 0.00% | -1.87% | -20.45% |
1st Jan change | Capi. | |
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-20.45% | 55.57M | |
-4.35% | 2.51B | |
-25.12% | 580M | |
+1.07% | 506M | |
+17.79% | 475M | |
-4.39% | 280M | |
+9.66% | 264M | |
+40.85% | 245M | |
+1.91% | 135M | |
-17.44% | 125M |
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- Chanco International Group Ltd. Provides Earnings Guidance for the Year Ended March 31, 2013