The board of directors of APAC Resources Limited announced that the final results of the company and its subsidiaries for the year ended June 30, 2014 are expected to record a significant improvement in profitability with profit attributable to shareholders of between approximately HKD 816 million and approximately HKD 952 million when compared with a loss attributable to shareholders of HKD 2,080 million for the year ended June 30, 2013. The significant improvement in profitability is mainly attributable to (i) the partial reversal of the impairment losses previously provided against the carrying value of the Group's two principal listed associates; and (ii) the improvement in the performance of the resource investment business compared with the 2013 Year.
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5-day change | 1st Jan Change | ||
1.19 HKD | -.--% | +2.59% | +23.96% |
03-14 | APAC Resources Swings to Profit in 2023 as Revenue Surges | MT |
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1st Jan change | Capi. | |
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+23.96% | 206M | |
+5.32% | 5.49B | |
+16.36% | 3.2B | |
-18.02% | 1.14B | |
+20.83% | 999M | |
+3.97% | 734M | |
-.--% | 665M | |
-11.50% | 658M | |
-17.57% | 493M | |
-10.71% | 419M |
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