Flying Financial Service Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2014. The company announced that the group is expected to record consolidated net loss for the year ended 31 December 2014 as compared to consolidated net profit recorded for the corresponding period in 2013. Further to the declining performance of the Group for the nine months ended 30 September 2014 as more particularized in the nine months ended results announcement of the group dated 10 November 2014, the consolidated net loss was primarily attributable to substantial decrease in the revenue due to the decrease of number of new contracts entered into for the financial consultation service and entrusted loan service of the Group; The group incurred other loss, due to provision for impairment loss on entrusted loan, impairment loss on available-for-sale investments and provision for impairment of accounts receivable, which was partly diminished by the decrease in administrative expenses mainly due to the decrease of advertising expenses.
Flying Financial Service Holdings Limited
Equities
8030
KYG3642R1011
Investment Management & Fund Operators
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
0.305 HKD | +1.67% | +1.67% | -33.70% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-33.70% | 3.31M | |
-5.44% | 93.99B | |
+27.02% | 93.39B | |
+12.08% | 26.55B | |
-9.60% | 16.95B | |
-1.33% | 14.45B | |
-2.19% | 13.13B | |
-24.97% | 11.76B | |
+24.60% | 10.23B | |
+19.13% | 9.24B |
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- Flying Financial Service Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2014