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South China Holdings Ltd Comments On H1 2013 Earnings Guidance

Thursday, 22 Aug 2013 08:15pm EDT 

South China Holdings Ltd announced that for first half of 2013, it expects to record a significant increase in profit as compared with the unaudited results for the corresponding period in 2012. The increase in the profit is mainly attributable to the increase in revenue of the travel business, which was translated into an increase in net profit in a similar magnitude, and the fair value gain on financial assets at fair value through profit or loss as opposed to the fair value loss reported in the corresponding period in 2012. 

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