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.
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5-day change | 1st Jan Change | ||
0.45 HKD | 0.00% | +8.43% | +11.11% |
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. | |
---|---|---|
+11.11% | 48.34M | |
-6.03% | 113B | |
-3.98% | 87.91B | |
+20.96% | 63.76B | |
+5.29% | 61.9B | |
+10.12% | 42.86B | |
+7.95% | 40.84B | |
+18.92% | 34.58B | |
+5.88% | 25.48B | |
-5.25% | 22.13B |
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