Ban Loong Holdings Limited Provides Net Profit Guidance for the Six Month Ended September 30, 2018
November 15, 2018 at 10:39 am
The board of directors of Ban Loong Holdings Limited inform the shareholders of the company and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group, the company is expected to record a net profit of over HKD 18 million for the six months ended September 30, 2018, representing over 230% increase as compared to the net profit of approximately HKD 5.43 million for the six months ended September 30, 2017. The increase in profit of the Group is mainly attributable to the increase in profits from its money lending businesses.