Xin Hwa Holdings Berhad provided earnings guidance for the year ending December 31, 2016. For the year, the company expects the 10% revenue growth in revenue and net profit does not represent the company's forecast for the financial year ending December 31, 2016 but a management target of which the company is aiming to achieve in view of the contribution from Pasir Gudang bonded warehouse which is estimated to contribute approximately MYR 6 million in revenue and approximately MYR 1.35 million in net profit for fiscal year 2016.
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- Xin Hwa Holdings Berhad Provides Earnings Guidance for the Year Ending December 31, 2016