Fornton Group Limited provided consolidated earnings guidance for the six months ended June 30, 2012. For the period, the company expects to record a loss as compared with a profit for the corresponding period in 2011. The loss of the group was primarily attributable to the decreases in turnover and gross profit margin of the Group as a result of the worsening of the market conditions and business environment and the severe competition of the textile industry in Europe and the USA.
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
0.139 HKD | +5.30% |
|
-0.71% | +51.09% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+51.09% | 16.6M | |
+0.40% | 37.08B | |
+8.01% | 35.95B | |
+22.29% | 35.09B | |
+7.09% | 28.35B | |
-8.79% | 27.55B | |
+6.30% | 26.75B | |
+17.80% | 19.04B | |
+10.12% | 18.57B | |
+0.45% | 13.76B |
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- Fornton Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2012