Silver Grant International Industries Limited provided earnings guidance for the year ended December 31, 2012. The board of directors of the company informed shareholders of the company and potential investors that it is expected that the consolidated profit attributable to owners of the company for the year ended 31 December 2012 is likely to decline significantly by more than 50% as compared with that of the correspondence period in 2011. The decline in profit is mainly attributable to the unrealized loss recognized from the fair value change of available-for-sale investments and the decrease in profit contribution from principal associated companies and jointly controlled entities.
Silver Grant International Holdings Group Limited
Equities
171
HK0171000877
Real Estate Development & Operations
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- Silver Grant International Industries Limited Provides Earnings Guidance for the Year Ended December 31, 2012