Orient Securities International Holdings Limited provided consolidated guidance for the first quarter ended June 30, 2023. The group is expected to record a loss attributable to equity owners of the Company of approximately HKD 0.1 million for First Quarter, as compared with the profit attributable to equity owners of the Company of approximately HKD 2.8 million for the three months ended 30 June 2022 (the "2022") which represented a decrease of approximately 105%. The foregoing increase in the loss attributable to equity owners of the Company was mainly attributable to (i) the decrease in interest income from money lending business due to the change in calculation of interest revenue from gross carrying amount to net carry amount (that is, net of credit allowance) in accordance with the applicable financial reporting standard; and (ii) the recognition of HKD 2 million expenses paid to debt collection agency for debt recovery.
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5-day change | 1st Jan Change | ||
0.13 HKD | 0.00% | +14.04% | +83.10% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+83.10% | 2.07M | |
-8.84% | 49.4B | |
-6.93% | 30.34B | |
+51.90% | 26.81B | |
+25.11% | 24.48B | |
-2.32% | 12.6B | |
+12.83% | 10.48B | |
+13.22% | 8.06B | |
-26.93% | 7.9B | |
+35.22% | 6.18B |
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- Orient Securities International Holdings Limited Provides Consolidated Guidance for the First Quarter Ended June 30, 2023