TC

22/08/2019 15:53

Regal Int'l (00078) expects 30% increase in interim net

[ET Net News Agency, 22 August 2019] Regal Hotels International Holdings Limited
(00078) said the profit of the group for the six months ended 30 June 2019 is expected to
increase by about 30% as compared with that reported for the corresponding period in 2018.
During the first half year of 2019, the core hotel business of the group continued to
operate steadily. Benefited by the recovery of the capital market within the period, the
group realised profits from the disposals of financial assets and recorded substantial
fair value gains on the portfolio of financial assets held as at 30 June 2019. (RC)

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