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Gemdale Properties and Investment Corp Ltd gives fifteen months ended Dec. 31, 2013 earnings guidance


Monday, 27 Jan 2014 03:43am EST 

Gemdale Properties and Investment Corp Ltd:Says based on the preliminary review of the unaudited management accounts of the group.The group expects record a significant increase in the consolidated profit attributable to owners of the company for the fifteen months ended Dec. 31, 2013 as compared to the consolidated profit attributable to owners of the company recorded for the 12 months ended Sept. 30, 2012.Based on the information currently available, the expected significant increase in profit was mainly attributable to a substantial revaluation gain on investment properties of the group and a provision written back for a property development project. 

Company Quote

0.43
0.015 +3.61%
30 Jan 2015