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 | ||
0.375 HKD | 0.00% | -3.85% | -7.41% |
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. | |
---|---|---|
-7.41% | 40.35M | |
-1.86% | 118B | |
+3.26% | 95.3B | |
+13.75% | 69.05B | |
+20.25% | 63.76B | |
+12.28% | 43.7B | |
+14.14% | 43.06B | |
+17.76% | 34.41B | |
+3.63% | 24.92B | |
-1.14% | 23.07B |
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