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
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
0.4 HKD | 0.00% | +2.56% | -9.09% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-9.09% | 67.57M | |
-1.09% | 119B | |
+14.62% | 67.3B | |
+18.97% | 63.09B | |
+12.10% | 43.64B | |
+14.61% | 43.24B | |
+21.77% | 35.8B | |
+6.19% | 25.54B | |
-1.16% | 23.06B | |
+7.02% | 19.73B |
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- Asia Standard International Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023