The board of directors of Poly Property Group Co., Limited announced that the Group is expected to record a decrease of approximately 70% in profit attributable to owners of the Company for the year ended December 31, 2014 as compared with that for 2013. Such expected decrease was mainly attributable to the following reasons: a decrease in the gross profit due to increased cost of sales; no exchange gain recognized; a decrease in revaluation gains from investment properties; an increase in finance costs; an impairment loss on properties under development and properties held for sale; and a decrease in gain on disposal of interests in subsidiaries.
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5-day change | 1st Jan Change | ||
1.59 HKD | +6.00% | +11.19% | 0.00% |
May. 14 | Poly Property Services' Employee Incentive Plan Unlocks About 1.4 Million Shares | MT |
May. 06 | Poly Property Group's April Contracted Sales Reach 5.6 Billion Yuan | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
0.00% | 734M | |
+13.93% | 28.12B | |
-5.68% | 27.28B | |
+25.10% | 26.12B | |
+14.43% | 24.49B | |
+41.95% | 22.83B | |
+14.97% | 21.19B | |
-2.53% | 18.99B | |
+24.15% | 15.9B | |
-9.82% | 15.82B |
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- Poly Property Group Co., Limited Provides Earnings Guidance for the Year Ended December 31, 2014