The board of directors of Poly Property Group Co., Limited announced that the Group is expected to record a decrease of approximately 70% in profit attributable to owners of the Company for the year ended December 31, 2014 as compared with that for 2013. Such expected decrease was mainly attributable to the following reasons: a decrease in the gross profit due to increased cost of sales; no exchange gain recognized; a decrease in revaluation gains from investment properties; an increase in finance costs; an impairment loss on properties under development and properties held for sale; and a decrease in gain on disposal of interests in subsidiaries.
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5-day change | 1st Jan Change | ||
1.51 HKD | 0.00% | +2.03% | -5.03% |
Jun. 12 | Poly Property Subsidiary Issues 1.5 Billion Yuan of Bonds | MT |
Jun. 06 | Poly Property Logs 4.6 Billion Yuan in May Contracted Sales | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.03% | 739M | |
+31.82% | 26.23B | |
-1.96% | 25.52B | |
+14.65% | 24.86B | |
-21.26% | 23.36B | |
+35.56% | 20.3B | |
+1.01% | 19.25B | |
-1.16% | 19.23B | |
+49.86% | 17.98B | |
+19.98% | 14.68B |
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- Poly Property Group Co., Limited Provides Earnings Guidance for the Year Ended December 31, 2014