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Multifield Int'l(00898)sees '17 profit to rise
13 Feb 2018
(Infocast News) Multifield International Holdings Limited(00898) said that based on a preliminary review of the unaudited management accounts
of the Group and other information currently available, the Group expects to record an increase in consolidated profit after tax for the year ended 31 December 2017 as compared to the audited consolidated profit after tax recorded for the year ended 31 December 2016.

This was primarily attributable to the gain of approximately HK$389 million from the fair value gains and dividends income on the Group’s equity investments for the year ended 31 December 2017 (which consists of approximately HK$335 million from the fair value gains and approximately HK$54 million from dividends income), as compared to that of the gain of approximately HK$50 million for the year ended 31 December 2016 (which consists of approximately HK$3 million from the fair value gains and approximately HK$47 million from dividends income). (SY)
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