Emperor International Holdings Limited provided earnings guidance for the year ended 31 March 2023. For the year, the Group expects to record a net loss of not more than HKD 2,300 million (2022: HKD 740 million) for the year ended 31 March 2023 ("Year"), which is mainly due to (i) a decline in the sales revenue of the residential property development that can be recorded during the Year resulting in a drop in the Group's total revenue by approximately 50%; and (ii) a year-on-year significant increase in the fair value loss on investment properties. The Board is of the view that the fair value loss is a non-cash item and will not have a direct impact on the cash flow of the Group.
Emperor International Holdings Limited
Equities
163
BMG3036C2239
Real Estate Development & Operations
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
0.38 HKD | -1.30% | +2.70% | -1.30% |
06-25 | Emperor International Logs Loss in Fiscal Year 2024 | MT |
06-24 | Emperor International Holdings Limited Announces Cessation of Wong Chi Fai as Managing Director, Effective 20 August 2024 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-1.30% | 181M | |
+27.53% | 25.67B | |
+14.32% | 24.47B | |
-1.96% | 24.84B | |
-17.47% | 24.33B | |
+2.18% | 19.62B | |
+28.77% | 19.72B | |
-0.88% | 18.77B | |
+40.80% | 17.65B | |
-5.25% | 15.33B |
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- Emperor International Holdings Limited Provides Earnings Guidance for the Year Ended 31 March 2023