Vincent Medical Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2017
March 09, 2018 at 04:56 am EST
Vincent Medical Holdings Limited provided earnings guidance for the year ended December 31, 2017. Based on the latest review of the Group's unaudited consolidated management accounts for the year ended 31 December 2017 and information currently available to the Company, the Group is expected to record an impairment loss on its investments of approximately HKD 17.9 million. After taking into account of such impairment loss, the profit attributable to owners of the company for the financial year 2017 is expected to decrease by about 70% as compared to that for the year ended 31 December 2016 (without taking into account the one-off listing-related expenses of approximately HKD 18.0 million in financial year 2016).