Hong Kong Food Investment Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 September 2017
October 23, 2017 at 09:11 am
Hong Kong Food Investment Holdings Limited provided earnings guidance for the six months ended 30 September 2017. The group is expected to record an unaudited profit attributable to equity holders of the company between HKD 75 million and HKD 90 million for the six months ended 30 September 2017 as compared with a loss in the corresponding period for the six months ended 30 September 2016. The unaudited profit attributable to equity holders of the Company was primarily attributable to a substantial increase in the share of profit of a 29.98% owned associate, Four Seas Mercantile Holdings Limited, due to the completion of the sale of a property by FSMHL.