Burwill Holdings Makes Profit Alert
OREANDA-NEWS. August 30, 2013. This announcement is made by the Company pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
The board of directors of Burwill Holdings Limited (the “Company”) wishes to inform the shareholders of the Company and the potential investors that the Company and its subsidiaries (the “Group”) expect to record a profit for the six months ended 30 June 2013 as compared to the loss recorded for the six months ended 30 June 2012.
The turnaround is attributable to that the Group’s steel trading business resumed profit making or the first half of 2013. The Company is in the process of finalising the Group’s interim results for the six months ended 30 June 2013. This announcement is made based on preliminary assessment on the unaudited management accounts of the Group for the six months ended 30 June 2013. The Group’s interim results will be announced on 30 August 2013.
Shareholders of the Company and potential investorsare advised to exercise caution when dealing in the shares of the Company.
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