Guorui Properties Limited provided earnings guidance for the year ended December 31, 2014. For the period, the Group expects to record a decline of approximately 50% in the net profit attributable to equity holders of the company for fiscal year 2014 as compared to the net profit for the year ended December 31, 2013. The decline in the net profit of the company is mainly due to: the non-occurrence in 2014 of a one-off compensation by the government for completion of company's Beijing Hademen primary land development project that contributed approximately RMB 1,264.2 million to the Group's revenue in 2013; and the non-occurrence in 2014 of a fair value gain of approximately RMB 527.3 million on the transfer of 12 units of siheyuan of the Group from properties held for sale to investment properties in 2013.
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5-day change | 1st Jan Change | ||
0.137 HKD | -8.05% | -19.41% | +328.12% |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+328.12% | 84.82M | |
+8.93% | 27.9B | |
-9.06% | 26.96B | |
+21.59% | 25.34B | |
+12.89% | 25.09B | |
+12.50% | 22.23B | |
+31.45% | 20.63B | |
-2.27% | 18.51B | |
+4.75% | 17.31B | |
+31.38% | 16.15B |
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