Brief: Associated International Hotels and Tian Teck Land Ltd issues profit warning

Associated International Hotels

21/04/2017 11:55

April 21 (Reuters) - Associated International Hotels Ltd 
 0105.HK  
    * Expected that TTLL annual results and AIHL annual results 
will both record a loss before taxation for year ended 31 March 
2017 
    * Expected a loss before taxation due to change from 
valuation gains to losses in respect of their investment 
properties 
    * Expects unaudited consolidated results of AIHL Group for 
year ended 31 March 2017 will record a loss before taxation of 
about HK$69 million 
    * Expects unaudited consolidated results of TTLL Group for 
year ended 31 March 2017 will record a loss before taxation of 
about HK$79 million 
    * Expects only a slight decrease in results arising from 
normal business operation of TTLL Group for year ended 31 March 
 
Source (http://bit.ly/2oRyQPr) 
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