[ET Net News Agency, 28 October 2019] Emperor International Holdings Limited (00163)
said the group expects to record a consolidated net loss for the six months ended 30
September 2019 as compared with a consolidated net profit for the same period last year.
Due to the global political disputes and local social issues which led to a tough
business environment domestically and hence downward pressure on both market retail and
commercial rents, a significant fair value loss is expected as a result of fair value
change in the group's investment properties. Such fair value loss arising from fair value
adjustment is a non-cash item and will not have a direct impact on the cash flow of the
Group. Excluding the effect of the fair value adjustment on investment properties, the
consolidated core earnings for the period is estimated to decrease gently compared with
the same period last year. (RC)
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00163 EMPEROR INT'L
Nominal 
0.330 0.000 (0.000%) Others
28/10/2019 10:47
Emperor Int'l (00163) sees interim net turn to red
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