Kenford Group Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2014. The company expects that the group will record a loss attributable to owners of the company as compared to a profit attributable to owners of the company of approximately HKD 21,283,000 for the financial year ended 31 March 2013. The expected loss is primarily attributable to: The decrease in sales as a result of a decrease in orders from Mainland China and Thailand markets; The increase in statutory minimum wages of approximately 20% in the Mainland China; and The increase in components cost and operating expenses as a result of the appreciation of Renminbi.
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5-day change | 1st Jan Change | ||
0.39 HKD | -3.70% | +2.63% | -22.00% |
08/04 | China In-Tech Limited Announces Change of Address of Principal Place of Business in Hong Kong | CI |
26/02 | China In-Tech Limited Announces Appointment of Zhou Li Yang as Executive Director | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-22.00% | 2.66Cr | |
+27.98% | 3.14TCr | |
+50.17% | 770.79Cr | |
+94.56% | 703.13Cr | |
-28.95% | 472.71Cr | |
+25.97% | 413.18Cr | |
+45.68% | 352.65Cr | |
+15.54% | 344.57Cr | |
+17.63% | 333.98Cr | |
-1.22% | 300.3Cr |
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- Kenford Group Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2014