Jiu Rong Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2015. Based on a preliminary assessment on the unaudited consolidated management accounts of the group, the board of directors of the company announced that it is expected to record a loss for the year ended 31 December 2015 as compared with the profit for the year ended 31 December 2014. The loss is mainly caused by: decrease in sale of water meters, television and set-top box of approximately 20%; increase in administrative and operating expenses of approximately 100% for the year ended 31 December 2015 compared with the corresponding year ended 31 December 2014; one-off impairment of intangible assets of approximately HKD 7.30 million; and one-off impairment of accounts receivables of approximately HKD 4.10 million.
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5-day change | 1st Jan Change | ||
0.026 HKD | +18.18% | -.--% | -.--% |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-.--% | 18.22M | |
-3.91% | 99.94B | |
-2.90% | 19.97B | |
-6.39% | 11.91B | |
+40.50% | 6.67B | |
+27.01% | 4.47B | |
+23.61% | 4.31B | |
-5.35% | 3.87B | |
-2.27% | 3.3B | |
-9.68% | 3.15B |
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