Sinomax Group Limited provided earnings guidance for the year ended 31 December 2021. For the year, the company expects to record a profit after taxation for FY2021 of not less than HK$20 million as compared to a profit after taxation for the year ended 31 December 2020 of approximately HK$61 million. This was primarily attributable to: the significant increase in transportation costs; increase in the purchase price of raw materials of polyurethane foam in FY2021, as compared with the same period last year; and decrease in government subsidies related to COVID-19 received in FY2020.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.14 HKD | -2.78% | +15.70% | +100.00% |
Apr. 10 | Sinomax Unit Extends Vietnam Factory Lease by Five Years | MT |
Apr. 01 | Sinomax Renews Vietnam Factory Lease | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+100.00% | 31.4M | |
+9.14% | 4.3B | |
+35.05% | 2.84B | |
+19.34% | 2.02B | |
-1.60% | 1.55B | |
+40.92% | 1.24B | |
-24.94% | 1.21B | |
+26.40% | 1.13B | |
+15.95% | 978M | |
-4.61% | 871M |
- Stock Market
- Equities
- 1418 Stock
- News Sinomax Group Limited
- Sinomax Group Limited Provides Earnings Guidance for the Year Ended 31 December 2021