Asia Standard International Group Limited provided earnings guidance for the year ended 31 March 2023. For the period, the company expected to record a profit attributable to Shareholders of not less than HKD 750 million for the year ended 31 March 2023 as compared to a loss of HKD 884 million last year. The change is mainly attributable to (i) net realised and unrealised gain from financial investments for current year against loss for last year; (ii) decrease in expected credit losses from investments in financial assets; (iii) increase in share of profits from property development joint ventures; (iv) increase in revaluation gain of investment properties; and (v) the profit is partially reduced by decrease in interest revenue from financial investments.
Asia Standard International Group Limited
Equities
129
BMG0533U2355
Investment Management & Fund Operators
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.375 HKD | +2.74% | -6.25% | -14.77% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-14.77% | 61.63M | |
-6.75% | 113B | |
-6.32% | 85.41B | |
+16.30% | 63.77B | |
+7.17% | 62.94B | |
+8.74% | 42.33B | |
+9.65% | 41.48B | |
+18.34% | 34.25B | |
+3.22% | 24.82B | |
-5.50% | 22.05B |
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- Asia Standard International Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023