Brief: Tan Chong International Expects After-Tax Profit Of Hk$60 Million For Six Months
08/07/2021 15:58
July 8 (Reuters) - Tan Chong International Ltd 0693.HK :
* TAN CHONG INTERNATIONAL SEES UNREALISED LOSS ON ITS
INVESTMENTS
DESIGNATED AS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME
FOR SIX MONTHS
* TAN CHONG INTERNATIONAL LTD - EXPECTED LOSS ON INVESTMENTS
IS
DUE TO SHARE PRICE CHANGES OF ITS LISTED INVESTMENTS
* TAN CHONG INTERNATIONAL LTD - EXPECTS TO RECORD AN
ESTIMATED
AFTER-TAX PROFIT OF HK$60 MILLION FOR SIX MONTHS
* TAN CHONG INTERNATIONAL - EXPECTED PROFIT IMPROVEMENT
CONTRIBUTED SUBSTANTIALLY BY GAINS IN DISPOSING OFF ONE OF
GROUP'S PROPERTIES IN SINGAPORE
Further company coverage: 0693.HK
((Reuters.Briefs@thomsonreuters.com;))
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