Edition:
India

CSI Properties Sees FY Consol Net Profit Falling; Considers On-Market Share Repurchase Program


Monday, 1 Apr 2019 

April 1 (Reuters) - CSI Properties Ltd <0497.HK>::CONSOLIDATED NET PROFIT OF GROUP FOR YEAR IS EXPECTED TO REFLECT A SIGNIFICANT DECREASE.EXPECTED DECREASE IN PROFIT DUE TO REDUCTION IN BOOKING OF CONTRACTED SALES AS REVENUE FOR FY ENDED 31 MARCH 2019.ESTIMATED CONTRACTED SALES FOR FY ENDED 31 MARCH 2019 EXPECTED TO BE ACCOUNTED FOR IN FY ENDING 31 MARCH 2020 IS ABOUT HK$3 BILLION.WILL ACTIVELY CONSIDER UNDERTAKING ON-MARKET SHARE REPURCHASE PROGRAMME OF CO'S ORDINARY SHARES ON OR BEFORE 26 APRIL 2019. 

Company Quote

0.37
-0.005 -1.33%
1:29pm IST