TC

26/09/2014 08:39

China Env Res (01130) year loss widens to HK$69.16m; no div

    China Environmental Resources (01130) said its loss attributable to owners for the year ended 30 June 2014 widened to HK$69.16 million from HK$42.13 million for the previous financial year.
  Its basic and diluted loss per share was HK11 cents.
  The revenue was HK$9.96 million, a decrease of 67.9% from a year earlier.
  The loss included mainly the decrease of about HK$38.96 million in valuation of biological assets of which growth was affected by the shortage of underground water in the region.
  No final dividend will be distributed. 

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