China City Infrastructure Group Limited provided earnings guidance for the year ended December 31, 2014. The group is expected that the results of the group will show a significant decrease of around 55%60% in net profits in comparison with the corresponding financial year ended December 31, 2013. The Board is of the view that the decrease in net profits for the financial year is primarily resulted from absence of one-off net gain on disposal of investment properties (that is the land parcel located in Guangzhou) of approximate HKD 235 million and decrease in property units sold and delivered in the financial year ended December 31, 2014 compared with the corresponding financial year ended December 31, 2013.
China City Infrastructure Group Limited
Equities
2349
KYG2118E1070
Real Estate Development & Operations
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.054 HKD | -1.82% | -3.57% | -19.40% |
1st Jan change | Capi. | |
---|---|---|
-19.40% | 2.16Cr | |
-10.83% | 2.64TCr | |
+1.43% | 2.59TCr | |
+12.29% | 2.42TCr | |
+35.85% | 2.13TCr | |
+7.12% | 2.06TCr | |
-3.28% | 1.84TCr | |
+3.23% | 1.67TCr | |
+34.62% | 1.64TCr | |
+1.04% | 1.5TCr |
- Stock Market
- Equities
- 2349 Stock
- News China City Infrastructure Group Limited
- China City Infrastructure Group Limited Provides Earnings Guidance for the Year Ended 31 December 2014