Yuan Heng Gas Holdings Limited announced unaudited consolidated earnings guidance for the six months period ended 30 September 2014. For the period, the group's consolidated operating profit is expected to be lower for the six months period ended 30 September 2014 from the Restated 2013 comparative figures. The decrease in the operating profits for the six months period ended 30 September 2014 against the Restated 2013 comparative Figures is principally attributable to the squeeze in the gross profit margin due to the general increase of the purchase price of natural gas in the PRC with increased competition in the PRC LNG industry; and increase in finance costs.
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- Yuan Heng Gas Holdings Limited Announces Unaudited Consolidated Earnings Guidance for the Six Months Period Ended 30 September 2014