26th Nov 2015 11:08
LONDON (Alliance News) - Hidong Estate PLC Thursday reported a fall in pretax profit for its first half to end-September.
The investment company reported a pretax profit of MYR122,256 for the half year, equivalent to around GBP19,160 at current exchange rates, down from MYR165,724 a year before, equivalent to GBP25,973.
This was as a result of higher administrative expenses, lower income from investments, and a lower gain on the disposal of investments.
It did not propose an interim dividend in either period.
Shares in Hidong Estate were untraded Thursday. It last traded at 50.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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