CHI ASIA VALLEY (00063) reports a profit increase, with expected annual net profit of at least HK$10 million, a year-on-year increase.
Central Asia Oils Limited (00063) announced that it expects to achieve a net profit of at least HK$10 million for the year ending December 31, 2025, while it achieved a net profit of approximately HK$2.6 million for the year ending December 31, 2024.
CHI ASIA VALLEY (00063) announced that it is expected to achieve a net profit of at least HK$10 million for the year ending December 31, 2025, while it achieved a net profit of approximately HK$2.6 million for the year ending December 31, 2024.
The announcement stated that the expected increase in net profit for the relevant years is mainly due to the combined impact of factors including rental income generated from properties under subleasing arrangements, as well as an increase in property management and other related services; and an increase in the fair value gains attributable to the investment properties held by the Group.
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