China Agri Products Exchange Limited provided earnings guidance for the year ended December 31, 2014. For the year, the company expected to record an overall loss attributable to owners of the company for the year ended 31 December 2014 as compared to the profit attributable to owners of the company recorded for the year ended 31 December 2013, due to a decrease in turnover arising from the sale of property, an increase in selling and administrative expenses and finance costs, and a decrease in the revaluation surplus in respect of the company's investment properties. The overall expected loss is mildly offset by an increase in other revenue due to an increase in government subsidies received by the company.
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5-day change | 1st Jan Change | ||
0.036 HKD | 0.00% | -5.26% | -57.14% |
27/05 | Hong Kong Stocks Rally as China Industrial Profits Return to Growth | MT |
27/05 | China Agri-Products Agrees to Dispose Subsidiary; Shares Down Over 5% | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-57.14% | 45.82M | |
-5.84% | 451M |
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- China Agri Products Exchange Limited Provides Earnings Guidance for the Year Ended December 31, 2014