[ET Net News Agency, 5 June 2019] Asia Standard Hotel Group Limited (00292) said the
group is expected to record a significant increase in profit attributable to shareholders
of the company for the year ended 31 March 2019 as compared to last year.
The difference was mainly attributable to significant increases in operating profits
from (i) hotel operation mostly from increased average daily room rates, and (ii)
financial investments primarily due to higher interest income from an enlarged portfolio
of debt securities. (RC)