Hung Hing Printing Group Limited provided group earnings guidance for the six months ended June 30, 2015. For the six months, the company announced that the group expects to record a significant increase in profit attributable to owners of the company for the six months period ended June 30, 2015 to approximately HKD 11 million as compared to a loss of HKD 52 million recorded by the group in the same six months period previous year. The expected turnaround is mainly attributable to the increase in gross profits of over HKD 30 million arising from higher sales and improved gross margins as a result of effective cost control, and significant reduction by approximately HKD 34 million in foreign exchange and fair value losses on Renminbi forward contracts compared with the same period previous year.
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1.07 HKD | -.--% |
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-2.73% | +2.88% |
25/03 | Hung Hing Printing Posts Higher 2023 Profit | MT |
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+2.88% | 12Cr | |
+14.41% | 862.48Cr | |
+30.41% | 800.13Cr | |
+7.28% | 222.98Cr | |
+180.00% | 120.77Cr | |
+2.66% | 99Cr | |
-60.29% | 75Cr | |
-32.77% | 71Cr | |
+0.09% | 57Cr | |
-19.74% | 55Cr |
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- Hung Hing Printing Group Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2015