Amber Energy Limited provided consolidated earnings guidance for the six months ended June 30, 2014. The company is expected to record a significant decrease in profit, or may even record a loss, for the six months ended June 30, 2014 when compared to the corresponding period in 2013. The decrease (or loss, as the case may be) was primarily attributable to the fact that the project expenditures for one of the generators in the Anji Project are no longer eligible for capitalisation under prevailing accounting treatments.
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- Amber Energy Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2014