Brief: Chinese Estates Holdings Sees Increase In FY Revenue Ranging From 127% To 137%

Chinese Estates Holdings

24/02/2021 11:51

Feb 24 (Reuters) - Chinese Estates Holdings Ltd  0127.HK :
    * GROUP MAY RECORD AN INCREASE IN REVENUE RANGING FROM 127%
TO
137% FOR YEAR
    * EXPECTED RESULT DUE TO LOSS ON FAIR VALUE CHANGES ON
INVESTMENT
PROPERTIES
    * GROUP MAY RECORD A DECREASE IN PROFIT RANGING FROM 20% TO
30%
FOR YEAR
    * SEES EXPENSE IN OTHER COMPREHENSIVE EXPENSES FOR
UNREALISED LOSS
ON FAIR VALUE CHANGE OF EVERGRANDE SHARES OF HK$5.8 BILLION FOR
YEAR

Source text for Eikon:  ID:nHKSbBw18D 
Further company coverage:  0127.HK 

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