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Asia Standard (00129.HK) expects a mid-term shareholder loss of between 0.35 billion and 0.42 billion Hong Kong dollars.
On November 20, Grizzly Point announced that asia standard (00129.HK) expects a shareholder loss of HKD 350,000,000 to HKD 420,000,000 for the six months ending September 30, 2024, compared to a loss of HKD 916,000,000 recorded in the corresponding period of 2023. This change is primarily due to (i) an increase in profit recognition from real estate development projects; and (ii) a decrease in expected crediting losses from financial asset investments; part of the reduction in losses is offset by (i) revaluation losses on investment properties against revaluation gains in the same period last year; and (ii) financial.
Express News | Asia Standard International- Expected Result Due to Increase in Profits Recognition From Property Development, Others
Express News | Asia Standard International Sees Loss Attributable Between HK$350 Mln and HK$420 Mln for Six Months
ASIA STANDARD: Positive Profit Alert - Reduction in Loss
Asia Standard International Plans Key Board Meeting
asia standard (00129.HK) plans to hold a board of directors meeting on November 29 to approve the mid-term performance.
On November 19, Glorious announced that asia standard (00129.HK) will hold a board of directors meeting on November 29, 2024 (Friday) at 11:30 AM, at the 30th floor of the Wan Tong insurance building located at 33 Lockhart Road, Wan Chai, Hong Kong, to approve (including) the company's and its subsidiaries' interim results for the six months ending September 30, 2024, and to consider the proposal for the declaration of an interim dividend (if any).
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