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RTNominal unchange0.149 0.000 (0.000%)

23/07/2019 15:42

China Med & HealthCare (00383) sees year net turn to black

[ET Net News Agency, 23 July 2019] China Medical & HealthCare Group Limited (00383)
said it is expected to record a profit attributable to shareholders of the company for the
twelve months ended 30 June 2019 as compared with a loss for the corresponding twelve
months period in 2018 recorded by the group.
It was mainly due to (i) the increase in hospital fees and charges from healthcare
division; (ii) the increase in interest income from money lending business; (iii) a gain
in fair value change of investments held for trading compared with a loss recorded in
2018; (iv) the decrease in finance costs; and (v) an overall tax credit. (RC)

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