Dentons Biochemical siphone semi-annual profit warning expected to lose more than 980 million yoy
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Last Update: 2020-06-30
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Source: Internet
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Author: User
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July 28, Dentons Biochemical Technology Group Co., Ltdissued a profit warning announcement, the Board of Directors of Dentons Group for the six months ended June 2014 unaudited information, expected the first half of the net loss will be less than the net loss of the same period, property, plant and equipment impairment losses significantly increasedivT
Net loss for the first half of 2014 was approximately HK$1,566 million, including impairment losses on property, plant and equipment amounting to approximately HK$581 millionNet year-on-year losses are expected to be well above HK$985m this yearivT
The substantial increase in net loss was mainly due to lower average selling prices and demand for Group products and impairment provisions for Group product inventories as a result of lower pricesivTJuly 28, Dentons Biochemical Technology Group Co., Ltdissued a profit warning announcement, the Board of Directors of Dentons Group as of the end of June 2014 for six months of unaudited information, the first half of the net loss is expected to be less than the net loss of the same period, property, plant and equipment impairment losses significantly increasedivT
Net loss for the first half of 2014 was approximately HK$1,566 million, including impairment losses on property, plant and equipment amounting to approximately HK$581 millionNet year-on-year losses are expected to be well above HK$985m this yearivT
The substantial increase in net loss was mainly due to lower average selling prices and demand for Group products and impairment provisions for Group product inventories as a result of lower prices ivT
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