Brief: Associated International Hotels Announces Expected Annual Results For Co And Tian Teck Land

Associated International Hotels

23/04/2018 11:04

April 23 (Reuters) - Associated International Hotels Ltd
 0105.HK :
    * EXPECTED THAT TTLL ANNUAL RESULTS AND AIHL ANNUAL RESULTS
WILL
BOTH RECORD A FY PROFIT BEFORE TAXATION
    * CO WILL RECORD A FY PROFIT BEFORE TAXATION OF  HK$243
MILLION
    * SEES FY UNAUDITED CONSOL RESULTS OF TTLL GROUP RECORD
PROFIT
BEFORE TAXATION OF ABOUT HK$273 MILLION
    * EXPECTED RESULT OF TTLL AND AIHL RESULTS DUE TO REDUCTION
IN
VALUATION LOSSES IN RESPECT OF INVESTMENT PROPERTIES
    * EXPECTED RESULT OF CO DUE TO REDUCTION IN VALUATION LOSSES
OF
HK$345 MILLION FOR INVESTMENT PROPERTIES

Source text for Eikon:  urn:newsml:reuters.com:*:nFWN1S00AR
Further company coverage:  0105.HK 

 ((Reuters.Briefs@thomsonreuters.com;))