 |
|
  |
2008-12-12 10:03:00 a.m. HKT, XFNA
Hong Kong-listed Perfectech Intl warns of substantial full-year loss
|
| |
HONG KONG (XFN-ASIA) - Perfectech International Holdings Ltd, a maker of
novelties and decorative products, said it expects to post a substantial loss in
2008.
The company attributed the expcted loss to a 50 pct year-on-year decline in
profits from its core business due to weak margins.
The company also expects its realized and unrealized valuation losses from
investment to reach 93.45 mln hkd by end-December, up 48 pct from the 63.19 mln
hkd posted at end-June.
(1 usd = 7.8 hkd)
george.ng@xfn.com
MMMM |
| |
News Provided by XFNA |
| |
|
| Copyright(C) AASTOCKS.com Limited 2000. All rights reserved |
| |
|
|
|
