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00226 LIPPO
RTNominal unchange0.780 0.000 (0.000%)
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18/06/2019 09:36

Lippo (00226) sees year net turn to red at HK$100m

[ET Net News Agency, 18 June 2019] Lippo Limited (00226) said it is estimated that the
group is likely to record a loss attributable to shareholders of not less than HK$100
million for the year ended 31 March 2019, as compared to a profit of HK$92 million for the
year ended 31 March 2018.
Such change was mainly attributable to higher net fair value loss on financial
instruments at fair value through profit or loss due to the volatile stock markets and
share of loss from its joint ventures, offset by the gain on disposal of subsidiaries
during the year. (RC)

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