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Hidong Estate Says No Significant Changes In Financial Year So Far

18th Aug 2014 09:24

LONDON (Alliance News) - Hidong Estate PLC Monday said no material events or transactions had occurred since the end of its financial year in March.

The investment company said there had been no significant changes in its financial position or financial performance since its results for the year to March 31 were published.

In July, the company posted a pretax profit for the year of CNY388,504, up from CNY189,738, boosted by a CNY149,681 gain on the disposal of investments, and a CNY334,178 interest receivable on short term bank deposits.

Hidong Estate shares were untraded on Monday, quoted at 50 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


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