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Guangnan (Holdings) Ltd gives FY 2013 earnings guidance

Wednesday, 15 Jan 2014 04:53am EST 

Guangnan (Holdings) Ltd:Sees consolidated profit attributable to shareholders of the company for FY 2013 is expected to have a substantial increase as compared to that of FY 2012.Primarily attributable to the significant increase in exchange gain due to the faster appreciation of Renminbi against the United States Dollar during the year; and.The significant increase in net valuation gains on investment properties due to the continued increase in the prices of commercial properties in Hong Kong during the year. 

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