The board of directors of Vision Fame International Holding Limited announced that the group is expected to record a loss for the six months ended September 30, 2013 as compared to a profit for the corresponding period in 2012. The main reasons of the loss are: a number of sizable projects in alterations, renovation, upgrading and fitting-out works with higher gross profit margin were substantially completed during the six months ended September 30, 2012 and the progress of several newly-awarded projects were still at an early stage and such revenue was not reflected in the six months ended September 30,2013; there was share of profit of an associate company during the six months ended September 30, 2012 while no similar income was recorded during the six months ended September 30,2013; and significant increases in construction costs including material, staff and labour cost in Hong Kong and Singapore were recorded.
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5-day change | 1st Jan Change | ||
0.115 HKD | -2.54% |
|
-13.53% | -9.45% |
Jun. 28 | Green Economy Development Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
Jun. 12 | Green Economy Development Swings to Profit in FY24 | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-9.45% | 9.39M | |
-5.45% | 4.66B | |
+9.67% | 2.87B | |
-30.06% | 941M | |
+3.12% | 845M | |
0.00% | 665M | |
-8.89% | 631M | |
-22.85% | 573M | |
+49.47% | 454M | |
-23.79% | 429M |
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- Vision Fame International Holding Limited Provides Earnings Guidance for the Six Months Ended September 30, 2013