113012015 Generai .Amouncement::Profit Guidance on FinancialPerformance for Fourlh Quarter cf 2014 and Full Year 2014
GeneraiAnnouncement::Profit Guidance on FinancialPerformance for Fourth Quarter of 2014 and Full Year 2014 lssuer & Securities
lssuer/ Manager | IFS CAPITAL LIMITED |
Securities | IFS CAPITAL LIMITED- SG1A35000706 -149 |
Stapled Security | No |
Announcement Details
Announcement Title | Generai Announcement |
Date & Time of Broadcast | 30-Jan-201517:27:01 |
Status | New |
Announcement Sub Title | ProfitGuidance on FinancialPerformance for Fourth Quarterof2014 and Full Year2014 |
Announcement Reference | SG1501300THRU9CU |
Submitted By (CoJlnd.Name) | Chionh Yi Chian |
Designation | Company Secretary |
Description (Piease provide a detailed description of the event in the box below} | Please referto the attachment. |
Attachments | ®ProfitGuidanceonFinanciaiPerformanceforFourthQuarterof2014andFuiiYear2014. df |
Attachments | Total size =11K |
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IFS Capital Limited(Incorporated in the Republic of Singapore) Company Registration No. 198700827C
Profit Guidance on Financial Performance for Fourth Quarter of 2014 and Full Year 2014
The Board of Directors of IFS Capital Limited (the "Company") wishes to announce that following a preliminary review of the draft unaudited consolidated financial results of the Company and its subsidiaries (the "Group") for the fourth quarter ("Q4 2014") and full year ended 31 December
2014 ("FY 2014") and the current information available, the Group is expected to report a lower net loss for the Q4 2014 and FY 2014 compared to the corresponding periods of the previous year. The expected net loss is mainly due to additional impairment on loan losses provided by the Group as previously announced in the Unaudited Financial Statements for the Third Quarter and Nine Months ended 30 September 2014.
Further details of the Group's financial performance will be disclosed when the Group finalises and announces its financial results for Q4 2014 and FY 2014.
By Order of the Board
Chionh Yi Chian
Company Secretary
30 January 2015
Singapore
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