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Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Value Partners Group Ltd Issues FY 2012 Net Profit Guidance Above Analysts' Estimates

Wednesday, 23 Jan 2013 04:56am EST 

Value Partners Group Ltd announced that the Group expects to report a substantial increase of 125% in its consolidated net profit attributable to equity holders of the Company to about HKD376.4 million for fiscal 2012 (2012 unaudited estimate) from HKD167.3 million for fiscal 2011. The substantial improvement is mostly attributable to net fair value gains and realized gains of the Group’s investments in its own funds and other investments. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report net income of HKD170.5 million for the fiscal 2012. 

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