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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Asian Citrus | LSE:ACHL | London | Ordinary Share | BMG0620W2019 | ORD HKD0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.375 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Aug 2019 to Aug 2024
TIDMACHL
RNS Number : 8134K
Asian Citrus Holdings Ltd
02 August 2013
For immediate release 2 August 2013
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Full Year Trading Update
The Company announced that based on the preliminary assessment of the unaudited management accounts, as a result of the key factors which impacted negatively the financial performance of the Company for the year as previously announced on 22 January 2013 and 28 March 2013, the turnover for the year ended 30 June 2013 is expected to be up to 20 per cent below the comparative figure for the prior year and the core net profit (profit for the year excluding the net change in fair value of biological assets and share-based payments) is expected to be up to 40 per cent below the comparative figure for the corresponding period.
The assessment of the net change in fair value of biological assets for the year ended 30 June 2013 is still under review. The Board wishes to emphasise that the net change in fair value of biological assets is non-operational and does not have any effect on cash flow for the year.
The information contained in this announcement is based only on the preliminary assessment of the unaudited management accounts of the Company for the year ended 30 June 2013 and the information currently available to the Board. The audit now being conducted by the auditors of the Company on the management accounts has not yet been completed and the management accounts may still be subject to adjustments. The full year results of the Group for the year ended 30 June 2013 are expected to be published in September 2013.
For further enquiries please contact:
Asian Citrus Tony Tong / Tommy Tong, Executive Director +852 2559 0323 Cantor Fitzgerald Europe (NOMAD and Joint Broker) Rick Thompson (Corporate Finance) +44 (0) 20 7894 7000 Richard Redmayne (Corporate Broking) Liberum Capital Limited (Joint Broker) Clayton Bush / Richard Bootle +44 (0) 20 3100 2222 Weber Shandwick Financial Nick Oborne, Stephanie Badjonat, John Moriarty +44 (0) 20 7067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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