Shougang Concord International Enterprises Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2019
July 24, 2019 at 07:43 pm EDT
Shougang Concord International Enterprises Company Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2019. The group's overall net profit for the 2019 Interim Period maintains a continuous rapid growth. Despite a loss arising from the disposal of the equity interest in Shougang Concord Century Holdings Limited (an associate of the Company), the Group expects to record an increase of approximately 35%-55% in consolidated profit attributable to the Shareholders for the 2019 Interim Period, as compared to HKD 218 million for the six months ended 30 June 2018.