Chinese Estates Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2017
February 08, 2018 at 03:31 am EST
Chinese Estates Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2017. The company expects to record a substantial decline in the revenue ranging from 55% to 65% and a decrease in the profit ranging from 37% to 47% for the year as compared to revenue of HKD 3,745 million and the consolidated net profit attributable to the owners of the company of HKD 6,360 million for the year ended December 31, 2016.