China Strategic Holdings Ltd. provided earnings guidance for the financial year ended December 31, 2014. The company expects to record a profit for its financial year ended 31 December 2014 as compared with the loss recorded by the Group for the financial year ended December 31, 2013. The Board considers that the expected profitable results is mainly attributable to (i) the recognition of gain on disposal of equity interest in a subsidiary of the Company of approximately HKD 107 million and (ii) a gain on financial assets at fair value through profit or loss of approximately HKD 278 million as a result of the recent upturn in the financial market as compared with the gain on financial assets at fair value through profit or loss of approximately HKD 19 million as stated in the annual report 2013 of the Group for the financial year ended December 31, 2013.
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5-day change | 1st Jan Change | ||
0.022 HKD | -4.35% |
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-15.38% | -24.14% |
May. 28 | CSC's Fiscal H2 Loss Widens as Raw Materials and Energy Costs Rise | MT |
May. 22 | CSC Warns of Fiscal H2, Fiscal 2024 Net Loss on Margin Pressures | MT |
1st Jan change | Capi. | |
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-24.14% | 57.46M | |
+21.97% | 3.16B | |
+27.73% | 1.47B | |
-16.51% | 975M | |
-36.62% | 573M | |
+11.72% | 550M | |
-15.10% | 436M | |
+18.63% | 419M | |
+6.84% | 228M | |
-47.31% | 174M |
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- China Strategic Holdings Ltd. Provides Earnings Guidance for the Financial Year Ended December 31, 2014