Emperor International Holdings Limited provided earnings guidance for the year ended 31 March 2023. For the year, the Group expects to record a net loss of not more than HKD 2,300 million (2022: HKD 740 million) for the year ended 31 March 2023 ("Year"), which is mainly due to (i) a decline in the sales revenue of the residential property development that can be recorded during the Year resulting in a drop in the Group's total revenue by approximately 50%; and (ii) a year-on-year significant increase in the fair value loss on investment properties. The Board is of the view that the fair value loss is a non-cash item and will not have a direct impact on the cash flow of the Group.
Emperor International Holdings Limited
Equities
163
BMG3036C2239
Real Estate Development & Operations
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.405 HKD | 0.00% | -1.22% | +5.19% |
May. 17 | Emperor International Unit to Sell 2 Factories in Hong Kong | MT |
Apr. 18 | Emperor International Renews Financial Services Agreement with Affiliate | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+5.19% | 191M | |
+16.96% | 30.03B | |
-4.09% | 28.11B | |
+29.27% | 26.23B | |
+17.21% | 25.3B | |
+18.75% | 23.18B | |
+42.13% | 22.31B | |
+13.13% | 18.4B | |
-2.27% | 18.21B | |
+13.31% | 16.41B |
- Stock Market
- Equities
- 163 Stock
- News Emperor International Holdings Limited
- Emperor International Holdings Limited Provides Earnings Guidance for the Year Ended 31 March 2023