[ET Net News Agency, 12 July 2019] Town Health International Medical Group Limited
(03886) said it is expected that for the six months ended 30 June 2019, the unaudited
consolidated profit of the group will decrease significantly as compared with the
unaudited consolidated profit of the group for the six months ended 30 June 2018 of
approximately HK$61.5 million.
Such decrease was mainly attributable to (a) the absence of reversal of impairment loss
in respect of promissory note for the six months ended 30 June 2019; (b) a fair value loss
of the group's investment properties for the six months ended 30 June 2019; and (c) the
loss arising from the disposal of a centre providing healthcare related services in June
2019, as well as property, plant and equipment of another centre providing healthcare
related services being written off during the six months ended 30 June 2019. (RC)