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Emperor Capital Group Ltd. — Earnings Release 2012
Aug 16, 2012
49418_rns_2012-08-16_579d813c-6c28-4c1f-8257-a9e0bd669ff8.pdf
Earnings Release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.
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LUKS GROUP (VIETNAM HOLDINGS) COMPANY LIMITED 陸氏集團(越南控股)有限公司
(incorporated in Bermuda with limited liability) (Stock code: 366)
POSITIVE PROFIT ALERT
This announcement is made by the Company pursuant to Rule 13.09(1) of the Listing Rules.
The Board wishes to inform the shareholders of the Company and potential investors that the consolidated profit of the Group for the six months ended 30 June 2012 is expected to record a significant increase as compared to the profit for the same period last year.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
This announcement is made by Luks Group (Vietnam Holdings) Company Limited (the “Company” together with its subsidiaries, the “Group”) pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”).
The board of directors of the Company (the “Board”) wishes to inform the shareholders of the Company and potential investors that the consolidated profit of the Group for the six months ended 30 June 2012 is expected to record a significant increase as compared to the profit for the same period last year. The main attributable reasons include the following:-
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The exchange rate of Vietnamese Dong (“VND”) to HKD was stable throughout the period which saved the Group from significant exchange loss as happened in the same period of last year.
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The Group refinanced a substantial portion of the high interest rate loans denominated in VND of the Cement subsidiary, with low interest rate loans denominated in HKD and USD and thus resulted in a significant decrease in financial costs of the Cement business.
As the Company is still in the process of finalizing the interim results for the six months ended 30 June 2012, the information contained in this announcement is based on the
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preliminary assessment by the Company’s management with reference to the management accounts of the Group, which has not been audited nor reviewed by the auditors nor the audit committee of the Company as of the date of this announcement.
Shareholders of the Company and potential investors should read the Group’s financial results announcement for the six months ended 30 June 2012 in details, which is expected to be published on 29 August 2012.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
By Order of the Board Luks Group (Vietnam Holdings) Co. Ltd. Martin Fan Company Secretary
Hong Kong, 16 August 2012
As at the date of this announcement, the Board of Directors comprises Mr. Luk King Tin, Ms. Cheng Cheung, Mr. Luk Yan, Mr. Luk Fung and Mr. Fan Chiu Tat, Martin (who are executive directors), and Mr. Liu Li Yuan, Mr. Liang Fang and Mr. Tam Kan Wing (who are independent non-executive directors).
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