Southern Packaging Group Limited provided earnings guidance for the half year ended June 30, 2014. The group is expected to report a substantial lower financial results as compared to the corresponding period last year largely due to, amongst others, the following reasons: the lower demand for packaging materials in the PRC market; The increase in labor costs to comply with the minimum wage policy and employees benefits; & the costs incurred for the relocation of production bases and down time to commission the new plant and machinery.
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|
5-day change | 1st Jan Change | ||
0.575 SGD | +2.68% |
|
-.--% | -4.17% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-4.17% | 29.93M | |
-0.21% | 13.89B | |
+14.24% | 9.36B | |
-12.30% | 6.76B | |
+34.00% | 1.48B | |
+14.96% | 1.44B | |
-21.64% | 1.19B | |
+7.23% | 1.05B | |
-33.08% | 886M | |
+85.26% | 901M |
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- Southern Packaging Group Limited Provides Earnings Guidance for the Half Year Ended June 30, 2014