Honghua Group Limited provided earnings guidance for the full year ended 31 December 2015. The Group is expected to record a loss for the year ended 31 December 2015 as compared with the profit recorded by the Group for the year ended 31 December 2014. The expected loss is primarily attributable to the continuous fluctuation of the international oil prices at low level in 2015 and depression of the oil and gas field service market, which resulted in a substantial loss recorded from the offshore oil and gas equipment business and the oil and gas engineering services business of the Group.
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Other stock markets
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5-day change | 1st Jan Change | ||
0.09 HKD | 0.00% | -2.17% | -17.43% |
05-30 | Honghua Group Unit to Sell Land Drilling Rigs to Kuwait-Based Firm | MT |
05-20 | Honghua Group Unit Enters Contract to Sell Wind Turbine Jackets | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-17.43% | 103M | |
-5.81% | 18.48B | |
+22.27% | 4.85B | |
-6.99% | 744M | |
-13.35% | 669M | |
-15.98% | 624M | |
-26.41% | 610M | |
-22.72% | 323M | |
+14.93% | 303M | |
-17.71% | 272M |
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- Honghua Group Limited Provides Earnings Guidance for the Full Year Ended 31 December 2015