China Investment and Finance Forecasts Turnaround to Full-Year Profit
MT Newswires Live
Jun 05
China Investment and Finance Group (HKG:1226) expects a net profit of between HK$125 million and HK$150 million for the year ended March 31, compared with a net loss of HK$5.5 million a year prior, according to a Friday Hong Kong bourse filing.
The agricultural and financial services provider attributed the forecast to a turnaround in the performance of its listed equity investments to profit for the fiscal year.
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