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South China (China) Ltd Comments On H1 2013 Earnings Guidance

Thursday, 22 Aug 2013 06:18am EDT 

South China (China) Ltd announced that based on the preliminary review of the management accounts of the Group, the Group expects to record an increase in profit for the first half of 2013 as compared with the unaudited results for the first half of 2012. The increase in the profit is mainly attributable to the increase in the share of profits of an associate, the increase in fair value gain on the Group’s investment properties and the gain arising from certain foreign currency forward contracts. 

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