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TAN CHONG INT'L: Announcement of Unaudited Financial Results for the Six-Month Period Ended 31 December 2024 of Subsidiary - Zero Co., Ltd.
TAN CHONG INT'L (00693.HK) expects to incur unrealized losses for the year on investments designated as measured at fair value through other comprehensive income.
On January 8, Gelonghui reported that TAN CHONG INT'L (00693.HK) announced that the company expects to record unaudited unrealized losses on its investments designated to be measured at fair value through other comprehensive income for the fiscal year ending December 31, 2024. The losses are attributed to changes in the stock prices of its listed investments valued at Market Cap, hence they are unrealized. The expected unrealized loss will amount to 29 million Hong Kong dollars, compared to an unrealized profit of 270 million Hong Kong dollars for the same period in 2023. The group's unrealized losses will be reported in the other comprehensive income statement for the period. It is anticipated that the unrealized losses will not be classified in the group's consolidated profit and loss statement.
Express News | Tan Chong International - Expected Result Due to Share Price Changes of Its Listed Investments
Express News | Tan Chong International Ltd - Expected Unrealised Loss Amounts to HK$29 Mln in FY
Tan Chong International's Subsidiary Records 166% Higher Attributable Profit for Fiscal Q1
Tan Chong Int'l (00693) announced the first quarter performance of its subsidiary ZERO CO., LTD., with a net income of 1.887 billion Japanese yen, a year-on-year increase of 166.2%.
tan chong int'l (00693) announced its subsidiary ZERO CO., LTD. as of September 2024...
