Property management firm A-Living hits near 5-mth high on robust forecast

A-Living Smart City Services

22/02/2019 01:51

** Stock of A-Living Services Co Ltd  3319.HK  rise as much
as 6.2 pct to HK$12.70, highest since Sept. 26, 2018 and on way
to a third straight session of gains, after the property
management firm forecast sharp growth in 2018 earnings 
    ** A-Living, a unit of Agile Group  3383.HK , expects its
2018 net profit to rise to 750 mln yuan ($111.5 mln), from 289.7
mln yuan in 2017, amid an increase in gross floor area under
property management and a rise in revenue from value-added
services  urn:newsml:reuters.com:*:nFWN20G0JJ
    ** As of the previous close, the stock has risen 12.6 pct so
far this year
    ** Shares of property developer Agile Group fall 1.2 pct
    ** The Hong Kong Hang Seng sub-index tracking property firms
 .HSNP  edges up 0.1 pct
    ** The Hang Seng China enterprises index  .HSCE  eases 0.6
pct



($1 = 6.7289 Chinese yuan renminbi)

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)