First Shanghai Investments Limited announced that based on a preliminary review of the unaudited consolidated management accounts of the group, it expects the unaudited consolidated interim results of the group for the six months ended 30 June 2013 to record a consolidated net profit. This is contrasted with the consolidated net loss of HKD 38 million recorded for the corresponding period in 2012 and the consolidated net loss of HKD 98 million recorded for the year ended 31 December 2012. The Board understands that the expected unaudited consolidated net profit of the group for the six months ended 30 June 2013 is primarily attributable to the increase in contribution from financial services business, as well as the profit on disposal of an investment.
First Shanghai Investments Limited
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227
HK0227001168
Investment Banking & Brokerage Services
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