Common Splendor International Health Industry Group Limited Provides Earnings Guidance for the Six Months Ended June 30, 2016
August 21, 2016 at 11:11 am
Common Splendor International Health Industry Group Limited provided earnings guidance for the six months ended June 30, 2016. For the period, the company expected that the group would record a significant increase of more than 100% in its consolidated net profit compared to the same period in previous year. Such increase was mainly attributable to (a) a gain on disposal of interests in an associate as disclosed in the announcement of the Company on 23 March 2016; (b) an increase in loan interest income arising from the increase in loan interest rates; and (c) an increase in revenue of the precision life healthcare services provided by the Life Clubs.