Financial Statements and Related Announcement::Profit Guidance

Issuer & Securities

Issuer/ Manager
INTRACO LIMITED
Securities
INTRACO LIMITED - SG1D87001195 - I06

Announcement Details

Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
22-Jul-2014 17:21:50
Status
New
Announcement Sub Title
Profit Guidance
Announcement Reference
SG140722OTHRW59X
Submitted By (Co./ Ind. Name)
Yvonne Choo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)

PROFIT WARNING FOR THE HALF YEAR ENDED 30 JUNE 2014

The Board of Directors of INTRACO Limited (the "Company" and together with its subsidiaries, the "Group") wishes to announce that the Group is expected to report a loss for the half year ended 30 June 2014 ("HY2014").

This proft warning is based on a preliminary review of the unaudited financial results of the Group for HY2014. The expected loss is attributed to low trading margins from the Group's Trading & Others segment as a result of intense market competition.

The Company will be announcing its HY2014 financial results on or before 14 August 2014. Further details of the Group's performance will be disclosed in the announcement then.

In the meantime, 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

Yvonne Choo
Company Secretary
22 July 2014

Additional Details

For Financial Period Ended
30/06/2014