Partly to blame was the temporary suspension of the Group’s ethanol production facility.
The board of directors of Bio-Dynamic Group Limited announced that the expected results of the Group for the year ended 31 December 2012 may show a substantial increase in loss as compared to last year.
The increase in loss was mainly due to the following:
The announcement was based on a preliminary assessment of the unaudited management accounts of the Group as at 31 December 2012, which will be subject to the final review procedures of the company and its auditors.
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