Pak Fah Yeow International Limited Provides Earnings Guidance for the Six Months Ended 30 June 2021
August 16, 2021 at 08:27 am EDT
Pak Fah Yeow International Limited provided earnings guidance for the six months ended 30 June 2021. The Group is expected to record consolidated net profit attributable to the owners of the Company of not less than HKD 10.0 million for the six months ended 30 June 2021, as compared with a loss of HKD 47.2 million for the same corresponding period in 2020. The Board considers that the expected profit was mainly attributable to increase in sales revenue of the healthcare business segment and a reduction of fair value loss of investment properties compared to the prior period.