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01539 UNITY GP HLDGS
RTNominal down0.450 -0.010 (-2.174%)
Others

18/11/2019 16:08

Synergy Group (01539) sees 50+% decrease in interim net

[ET Net News Agency, 18 November 2019] Synergy Group Holdings International Limited
(01539) said the unaudited consolidated profit attributable to the owners of the company
for the six months ended 30 September 2019 is expected to record a decrease of over 50% as
compared with that for the six months ended 30 September 2018.
This was mainly attributable to (i) the absence of the non-recurring gain on deemed
disposal of associates of approximately HK$47 million for the period which resulted from
the deemed disposal of associates during the six months ended 30 September 2018; and (ii)
the decrease in revenue as a result of the escalating uncertainty in the international
trade policy and the global financial conditions, as well as weakening economic
activities. (RC)

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