Asia
Cinda International Forecasts Rise in H1 Profit
Asset manager Cinda International (HKG:0111) expects a net profit of between HK$32 million and HK$38 million for the six months ended June 30, compared with an attributable profit of HK$16.5 million a year prior.The company attributed the forecast to a rise in the bond revenue of the fixed income investment business segment, as well as lower repair and maintenance expenses and rent for an office premises, according to a Wednesday Hong Kong bourse filing.
HKG:0111
