Reuters logo
BRIEF-Associated International Hotels and Tian Teck Land Ltd issues profit warning
April 21, 2017 / 1:19 PM / 6 months ago

BRIEF-Associated International Hotels and Tian Teck Land Ltd issues profit warning

April 21 (Reuters) - Associated International Hotels Ltd

* Expected that TTLL annual results and AIHL annual results will both record a loss before taxation for year ended 31 March 2017

* Expected a loss before taxation due to change from valuation gains to losses in respect of their investment properties

* Expects unaudited consolidated results of AIHL Group for year ended 31 March 2017 will record a loss before taxation of about HK$69 million

* Expects unaudited consolidated results of TTLL Group for year ended 31 March 2017 will record a loss before taxation of about HK$79 million

* Expects only a slight decrease in results arising from normal business operation of TTLL Group for year ended 31 March Source (bit.ly/2oRyQPr) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below