Finsoft Financial Investment Holdings Limited Provides Earnings Guidance for the Three Months Ended 31 March 2017
April 19, 2017 at 06:27 am EDT
Finsoft Financial Investment Holdings Limited provided earnings guidance for the three months ended 31 March 2017. The Group is expected to record a net loss for the three months ended 31 March 2017 as compared to a net profit for the three months ended 31 March 2016, primarily due to the equity-settled share-based payments for the share options granted by the company of approximately HKD 8.3 million during first quarter 2017. Such equity-settled share-based payments are non-cash in nature and will not have any immediate impact on the cash flow and business operation of the Group.