The Board of Directors of STELUX Holdings International Ltd. announced to the shareholders of the company and potential investors that based on information currently available to the Board, the group is expected to record a significant decline in profit attributable to shareholders for the year ended 31 March 2015. The expected fall in profitability is mainly due to (i) an increase in borrowing cost of convertible bonds by approximately HKD 35 million due to change in fair value of liability component of convertible bonds; and (ii) slower Group turnover growth posted for the year ended 31 March 2015 compared to the year ended 31 March 2014, with an accelerated slowdown seen in Hong Kong and Macau in the second half of the financial year.
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5-day change | 1st Jan Change | ||
0.109 HKD | +17.20% | +28.24% | +22.47% |
May. 10 | Stelux Holdings International Forecasts Boost in Fiscal 2024 Profit | MT |
Apr. 25 | Stelux Holdings Names Vice Chairman | MT |
1st Jan change | Capi. | |
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+22.47% | 12.46M | |
+13.20% | 5.07B | |
-9.65% | 4.31B | |
-3.70% | 3.22B | |
+31.88% | 2.3B | |
-8.54% | 1.44B | |
-52.01% | 1B | |
-4.82% | 763M | |
+9.16% | 665M | |
-16.23% | 468M |
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- STELUX Holdings International Ltd. Provides Group Earnings Guidance for the Year Ended 31 March 2015