Far East Holdings International Limited Provides Earning Guidance for the Nine Months Ended 31 December 2021
November 22, 2021 at 07:10 am EST
Far East Holdings International Limited provides earning guidance for the nine months ended 31 December 2021. The Group expects to record a loss of not less than approximately HKD 190 million for the year ending 31 December 2021 as compared to a profit of approximately HKD 63 million for the corresponding year in 2020. The expected loss is mainly attributable to realized fair value loss on held-for-trading investments of approximately HKD 205 million.