Brief: Emperor Capital Group Ltd Sees A Net Profit Of Not Less Than HK$50 Million For HY

Emperor Capital

04/05/2021 11:14

May 4 (Reuters) - Emperor Capital Group Ltd  0717.HK :
    * SEES  A TURNAROUND AND RECORD A NET PROFIT OF NOT LESS
THAN
HK$50 MILLION FOR SIX MONTHS ENDED 31 MARCH
    * EXPECTS TO ACHIEVE A TURNAROUND AND RECORD A NET PROFIT OF
NOT
LESS THAN HK$50 MILLION FOR SIX MONTHS
    * EXPECTED RESULT DUE TO  DROP IN NET IMPAIRMENT ALLOWANCES
FOR
MARGIN LOANS, LOANS AND ADVANCES
    * ESTIMATED THAT IMPAIRMENT ALLOWANCE DURING SIX MONTHS WILL
DECREASE SIGNIFICANTLY BY MORE THAN 70% OVER PCP

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3BbS1j
Further company coverage:  0717.HK 

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