Wang On Group Limited provided consolidated earnings guidance for the six months ended 30 September 2015. For the period, the company expects the profit attributable to owners of the Company will decrease by over 40% as compared to the corresponding period in 2014. Such decrease is primarily attributable to, among other things, the decrease in gross profit contributed from property development projects as there were more properties for sale in the same period in 2014 and the decrease in fair value of financial assets at fair value through profit or loss, despite there has been a decrease in impairment of an available-for-sale investment and decrease in loss on deemed partial disposal of equity interest in an associate.
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5-day change | 1st Jan Change | ||
0.035 HKD | +6.06% | +2.94% | -12.50% |
Mar. 04 | Wai Yuen Tong Medicine Unit to Sell Properties in Hong Kong | MT |
Feb. 09 | Wang On Properties Unit Sells $8.4 Million in Debts | MT |
1st Jan change | Capi. | |
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-12.50% | 52.66M | |
+16.96% | 30.03B | |
-4.09% | 28.11B | |
+29.27% | 26.23B | |
+17.21% | 25.3B | |
+18.75% | 23.18B | |
+41.04% | 22.31B | |
+11.92% | 18.4B | |
-2.27% | 18.21B | |
+13.31% | 16.41B |
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