PYI Corporation Limited provided earnings guidance for the year ended 31 March 2014. The company expects net profit to decrease substantially as compared to the net profit of the group for the year ended 31 March 2013. Based on the information currently available, such substantial decrease was mainly attributable to absence of any substantial gain on disposal of investment for the year ended 31 March 2014 as compared to a non-recurring substantial gain on deemed disposal of Louis XIII Holdings Limited earned for the year ended 31 March 2013.
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- PYI Corporation Limited Provides Earnings Guidance for the Year Ended 31 March 2014