Suncorp Technologies Limited Provides Earnings Guidance for the Full Year Ended December 31, 2016
February 06, 2017 at 07:14 am EST
Suncorp Technologies Limited provided earnings guidance for the full year ended December 31, 2016. For the period, the company expects to report a loss as compared to a profit for the year ended 31 December 2015. The Board considers that the aforesaid turnaround from profit to loss was mainly attributable to the unrealized fair value loss on held-for-trading investments amounted to approximately HKD 38 million.