The board of directors Shanghai Zendai Property Ltd. announced to the shareholders and investors of the company that the Group is expected to record a significant loss for the six months ended June 30, 2014 as compared to a profit recorded for the 6 months ended June 30, 2013. Based on the preliminary review of the information currently available, such loss was mainly attributable to the following reasons: The absence of one off reversal of land appreciation tax of HKD 166 million recorded in the previous period; The increase in share of the net loss of associates and joint venture companies; A significant increase in finance cost due to increased borrowings; and A substantial decrease in turnover due to less properties were delivered.
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5-day change | 1st Jan Change | ||
0.016 HKD | 0.00% | 0.00% | +45.45% |
26/03 | Shanghai Zendai Property Limited Announces Board Changes | CI |
26/03 | Shanghai Zendai Property Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
1st Jan change | Capi. | |
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+45.45% | 30.47M | |
+5.36% | 27.56B | |
+31.91% | 27B | |
-11.90% | 26.05B | |
+6.74% | 22.61B | |
+36.16% | 21.55B | |
+9.45% | 21.41B | |
-5.81% | 17.88B | |
+26.60% | 15.52B | |
+6.67% | 17.31B |
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