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
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
0.4 HKD | -2.44% | 0.00% | -9.09% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-9.09% | 69.12M | |
-6.03% | 113B | |
-3.49% | 87.91B | |
+20.42% | 63.85B | |
+5.29% | 61.9B | |
+10.12% | 42.86B | |
+7.95% | 40.84B | |
+19.41% | 34.58B | |
+5.88% | 25.46B | |
-5.25% | 22.13B |
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- Asia Standard International Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023