The board of directors of China Investments Holdings Ltd. informed the shareholders of the company and potential investors that the Group is expected to record a profit for the year ended 31 December 2014 as compared to a loss for the year ended 31 December 2013. The profit is mainly attributable to an exceptional gain on the acquisition of business for the year ended 31 December 2014 which is expected to amount to approximately HKD 86,000,000. This arose from the decrease in the market price of the company's share at completion date of the transaction when compared with the acquisition date thus resulting in a decrease of the acquisition consideration.
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5-day change | 1st Jan Change | ||
0.119 HKD | 0.00% | -7.75% | -11.85% |
Apr. 04 | China Investments Unit to Buy to Lease Back Assets from Tap Water Supply Firm | MT |
Mar. 28 | Hing Yip Holdings Limited Announces Retirement of You Guang Wu as Executive Director | CI |
1st Jan change | Capi. | |
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-11.85% | 26.03M | |
+3.65% | 15.51B | |
+4.00% | 13.53B | |
+7.94% | 9.79B | |
-10.36% | 8.61B | |
-1.21% | 6.02B | |
+54.28% | 5.1B | |
-2.12% | 4.94B | |
+56.47% | 4.38B | |
+0.89% | 4.37B |
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- China Investments Holdings Ltd. Provides Earnings Guidance for the Year Ended December 31, 2014