Goldbond Group (00172): 1H loss may drop significantly 
 Goldbond Group (00172) has said that it may experience a significant decrease in loss for the six months ended 30 September 2017 compared to the same period in 2016.

The improvement in loss position was mainly attributable to the net effect of: (i) decrease in share of loss of joint venture Rongzhong Group to HK$3 million (corresponding period in 2016: HK$723.9 million); and (ii) increase in share of loss of associate China Rongzhong Financial Holdings (03963) (corresponding period in 2016: share of profit of HK$13.6 million)

Comments

Popular posts from this blog