Coastal Greenland Limited Provides Earnings Guidance for the Six Months Ended 30 September 2021
November 19, 2021 at 07:06 am EST
Coastal Greenland Limited provided earnings guidance for the six months ended 30 September 2021. The group is expected to record a loss attributable to owners of the Company for the Period of not more than approximately HKD 470 million as compared to a loss of approximately HKD 65 million for the six months ended 30 September 2020. The Board considered that the increase in loss was mainly attributable to a loss on surrender of land,
details of which can be found in the announcement of the Company dated 15 November 2021.