Asia Orient Holdings Limited provided earnings guidance for the year ended 31 March 2023. For the year, the company expects to record a profit attributable to Shareholders of not less than HKD 400 million for the year ended 31 March 2023 as compared to a loss of HKD 906 million last year. The change is mainly attributable to (i) net realised and unrealised gain from financial investmentsfor current year against loss for last year; (ii) decrease in expected credit losses from investments in financial assets; (iii) increase in share of profits from property development joint ventures; (iv) increase in revaluation gain of investment properties; and (v) the profit is partially reduced by decrease in interest revenue from financial investments.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.395 HKD | +1.28% | -12.22% | -2.47% |
2023 | Asia Orient Holdings Limited Reports Earnings Results for the Half Year Ended September 30, 2023 | CI |
2023 | Asia Orient Holdings Expects Wider Fiscal H1 Attributable Loss | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-2.47% | 42.52M | |
-5.90% | 114B | |
-5.79% | 87.22B | |
+9.71% | 64.53B | |
+20.26% | 62.28B | |
+9.51% | 42.63B | |
+10.30% | 41.73B | |
+19.41% | 34.99B | |
+3.54% | 24.9B | |
-3.96% | 22.41B |
- Stock Market
- Equities
- 214 Stock
- News Asia Orient Holdings Limited
- Asia Orient Holdings Limited Provides Earnings Guidance for the Year Ended 31 March 2023