Asia Standard International Group Limited provided earnings guidance for the year ended 31 March 2023. For the period, the company expected to record a profit attributable to Shareholders of not less than HKD 750 million for the year ended 31 March 2023 as compared to a loss of HKD 884 million last year. The change is mainly attributable to (i) net realised and unrealised gain from financial investments for 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.
Asia Standard International Group Limited
Equities
129
BMG0533U2355
Investment Management & Fund Operators
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.375 HKD | +2.74% | -8.54% | -14.77% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-14.77% | 63.36M | |
-5.90% | 114B | |
-5.79% | 87.22B | |
+20.26% | 62.28B | |
+9.71% | 64.53B | |
+9.51% | 42.63B | |
+10.30% | 41.73B | |
+19.41% | 34.99B | |
+3.54% | 24.9B | |
-3.96% | 22.41B |
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- Asia Standard International Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023