Sing Lee Software Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2017
July 31, 2017 at 10:52 am
Sing Lee Software (Group) Limited Announced that after preliminary review by the Company's management based on the management accounts of the Company, the Directors of the Company expects that the consolidated losses of the Group for the six months ended 30 June 2017 may increase from its results of previous corresponding period of unaudited consolidated losses of approximately RMB 7,196,000, principally due to a combination of the followings: (i) the decrease in revenue for the six months ended 30 June 2017; (ii) the increase in share-based payment arising from the grant of share option in April 2017 recorded for the six months ended 30 June 2017; and (iii) the increase in staff cost for the six months ended 30 June 2017 due to expansion of businesses.