[ET Net News Agency, 8 March 2021] Hong Kong Ferry (Holdings) Company Limited (00050)
said it is expected that the group will record approximately 80% decrease in the
consolidated net profit for the year ended 31 December 2020 as compared to the audited
consolidated net profit of approximately HK$136 million for the year ended 31 December
2019.
The decrease was mainly due to the disruption in revenues caused by the outbreak of
COVID-19 and a drop in the valuation of the group's investment properties. (RC)