Chanco International Group Ltd. provided group earnings guidance for the six months ended September 30, 2012. The company reported loss of the group for the six months ended September 30, 2012 is expected to have a significant increase as compared to corresponding period in 2011. The expected increase in loss was mainly due to net foreign exchange loss incurred for the six months ended September 30, 2012 as compared to net foreign exchange gain recorded in the corresponding period last year and decrease in gross profit margin of manufacturing business as a result of the increase in raw material cost.
China International Development Corporation Limited
Equities
264
KYG2121T1094
Textiles & Leather Goods
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1st Jan change | Capi. | |
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-20.45% | 55.57M | |
-4.86% | 2.51B | |
-22.29% | 580M | |
+3.04% | 506M | |
+18.52% | 475M | |
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+11.06% | 264M | |
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+1.91% | 135M | |
+4.04% | 116M |
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- Chanco International Group Ltd. Provides Group Earnings Guidance for the Six Months Ended September 30, 2012