The board of directors of Tian An China Investments Co. Ltd. announced that, based on the preliminary assessment of the unaudited consolidated management accounts for the six months ended June 30, 2014, the net profit of the Group is expected to increase by approximately 100% as compared with that for the six months ended 30th June, 2013. Such increase was mainly attributable to the capital gain before tax of approximately HKD 160,000,000 generated from the disposal of part of the Group's interest in Allied Cement Holdings Limited (representing approximately 56.06% of the issued share capital of Allied Cement); and the increase in fair value of available-for-sale investment from the shares of Allied Cement retained by the Group (representing approximately 18.94% of the issued share capital of Allied Cement).
Tian An China Investments Company Limited
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28
HK0028013271
Real Estate Development & Operations
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5-day change | 1st Jan Change | ||
3.98 HKD | +0.76% | +2.05% | +13.07% |
1st Jan change | Capi. | |
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+13.07% | 747M | |
+27.88% | 25.58B | |
+13.63% | 24.49B | |
-5.18% | 24.25B | |
-20.01% | 23.68B | |
+30.37% | 19.8B | |
+3.91% | 19.73B | |
-1.60% | 18.98B | |
+48.65% | 17.94B | |
-5.96% | 14.3B |
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