Lingbao Gold Company Ltd. provided earnings guidance for the first quarter ended March 31, 2014. For the period, the company expects to record a profit as compared to a loss with the corresponding period last year. Such expected increases are mainly due to the significant decrease in the write-down in value of inventory as compared to the corresponding period last year and reversal of previous year write-down in value of inventory.
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- Lingbao Gold Company Ltd. Provides Earnings Guidance for the First Quarter Ended March 31, 2014