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41 — Great Eagle Holdings News Story

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Brief: Great Eagle Holdings says HY net profit HK$1.49 BLN

Aug 17 (Reuters) - Great Eagle Holdings Ltd  0041.HK : 
 * H-2016 interim results announcement  0041.HK  
 * Says interim dividend per share hk$ 0.27 
 * Says HY revenue based on core business hk$2.79 billion, up 3.7% 
 * HY statutory profit attributable to equity holders hk$1.49 billion versus HK$1.47 billion 
 * Says "global economic recovery is set to move on a very slow path" 
 * Says steady result is expected for champion reit as major leases committed in 2015 will have a full-year impact this year 
 * For group's overseas hotels, before the impact of currency movements, their performance in the second half of 2016 will still be uneven 
 * Still well placed to pursue acquisitions" 
 * Group's results for the second half of 2016 will also be lifted by a gain from the disposal of office properties in San Francisco" 
 
* Source text for Eikon  ID:nWNBS02VBK  
 
* ((Further company coverage:  0041.HK )) 
((Bangalore.newsroom@thomsonreuters.com))

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