[ET Net News Agency, 19 September 2019] Winfull Group Holdings Limited (00183) said it
is expected that the group is likely to record a significant decrease in net profit for
the year ended 30 June 2019 as compared to that of the year ended 30 June 2018.
The decrease is mainly due to one-off gains being recorded for the year ended 30 June
2018. They include (1) approximately HK$147 million derived from the disposal of its 51%
equity interest in and all outstanding shareholdings' loan of Plan Link Limited, which
holds a development project at Nos. 142-154 Carpenter Road, Kowloon, Hong Kong; and (2)
approximately HK$83 million derived from the disposal of its 30% equity interest in and
all outstanding shareholdings' loan of Apex Plan Limited, which holds a development
project at Nos. 18-32 Junction Road, Kowloon, Hong Kong. (RC)