Somerley Capital Holdings Limited Provides Earnings Guidance for the Three Months Ended June 30, 2021
July 23, 2021 at 04:43 am EDT
Somerley Capital Holdings Limited provided earnings guidance for the three months ended June 30, 2021. The Group is expected to record an after-tax loss in the range of approximately HKD 3 million to HKD 4 million for the three months ended 30 June 2021 (2020: approximately HKD 0.1 million). The increase in loss for the three months ended 30 June 2021 is mainly due to (i) a small decrease in revenue generated from corporate finance advisory services; and (ii) the absence of an approximately HKD 2.8 million total fair value gain on financial
asset at fair value through profit or loss.