Sinomax Group Limited provided earnings guidance for the year ended 31 December 2021. For the year, the company expects to record a profit after taxation for FY2021 of not less than HK$20 million as compared to a profit after taxation for the year ended 31 December 2020 of approximately HK$61 million. This was primarily attributable to: the significant increase in transportation costs; increase in the purchase price of raw materials of polyurethane foam in FY2021, as compared with the same period last year; and decrease in government subsidies related to COVID-19 received in FY2020.
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5-day change | 1st Jan Change | ||
0.13 HKD | 0.00% |
|
-7.14% | +85.71% |
13/06 | Sinomax Group's US Unit to Rent Office and Warehouse in Tennesee | MT |
10/04 | Sinomax Unit Extends Vietnam Factory Lease by Five Years | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+85.71% | 29.13M | |
-11.28% | 8.12B | |
-15.43% | 3.34B | |
-4.26% | 1.98B | |
-5.44% | 1.57B | |
-2.38% | 1.53B | |
-16.58% | 1.3B | |
+13.38% | 1B | |
-2.47% | 863M | |
-7.18% | 766M |
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