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Shenzhen Invest (00604) expects 1H profit to drop 90%
10 Aug 2018
(Infocast News) Shenzhen Investment (00604) expects its consolidated net profit for the six months ended 30 June 2018 to decrease by about 90% on year primarily attributable to the following factors: (i) a non-recurring gain on disposal of subsidiaries recorded in the corresponding period of 2017 whilst no such non-recurring gain was recorded in the first half of 2018; and (ii) the non-cash revaluation loss of the group's financial assets at fair value on 30 June 2018.

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