Royale Furniture Holdings Limited Provides Earnings Guidance for the First Nine Months Ended September 30, 2013 and Year Ending December 31, 2013
November 22, 2013 at 07:38 am EST
Royale Furniture Holdings Limited announced the operating performance of the Group for the nine months ended September 30, 2013 are expected to significantly decrease as compared to those for the first three quarters of 2012, mainly attributable to the unfavorable macroeconomic factors and market conditions during the period under review.
The company expects a net loss of the Group to be resulted for the year ending December 31, 2013.