Oakwell Engineering Ltd. expects to report a net loss for financial year ended 31 December 2012 due mainly to the Shipbuilding segment. The Shipbuilding segment is anticipated to post a net loss for financial year ended 31 December 2012, as a result of delays in the delivery of its on-going projects, thereby resulting higher-than-expected operational costs accounted from these on-going projects for the Group in financial year ended 31 December 2012.
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- Oakwell Engineering Ltd. Provides Earnings Guidance for the Financial Year Ended December 31, 2012