CAAFF Celestial Asia Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CAAFF Celestial Asia

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jonas1 who wrote ()	3/15/2000 12:44:00 PM
From: ms.smartest.person	of 19

Celestial Asia <1049.HK> posts HK$93 mln year net In Hong Kong story headlined "Celestial Asia <1049.HK> posts HK$93 mln year net" please read in second paragraph "...did not explain the significant turnaround to profit from loss." instead of "... did not explain the drop in net profit" (corrects to show company reported profit not loss). A corrected version follows: HONG KONG, March 15 (Reuters) - Financial service company Celestial Asia Securities Holdings Ltd said on Wednesday it posted a net profit of HK$93 million for the year ended December 31 1999, compared with HK$169.49 million loss in 1998. The company said in a statement turnover for the same period rose 30 percent to HK$245 million. The statement did not explain the significant turnaround to profit from loss. Earnings per share totalled 3.30 cents. It said the board did not recommend final dividend payments for the 1999 fiscal year. Celestial Asia said it had HK$816 million cash on hand. The financial service firm said the number of clients had increased by 62 percent, while its market share of securities brokerage rose by 119 percent. ((Hong Kong Newsroom +852 2843 6441, Fax +852 2845 0636 hongkong newsroom@reuters.com)) . finet.com.hk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next