The company expects to earn HK $66 million in bond interest and related income for the full year

2022-06-01 0 By

Sc China (00298.HK) announced that for the year ended March 31, 2022, the Group expects to record bond interest and related income of approximately HK $66 million, realized losses of approximately HK $15 million on the sale and redemption of bond investments, and unrealized fair value losses of approximately HK $674 million on bond investments.In addition, the group completed the sale of its property project in Panyu at a cost of about 1.57 billion yuan.Sc China (00298.HK) is a Hong Kong investment holding company mainly engaged in the property business.The company operates through three divisions.The Property Development, Investment and Sale Division is engaged in the investment, development and sale of industrial, residential, commercial, office and hotel properties.The Goods and Merchandise Sales Division buys and sells goods and merchandise.Securities Investment and Trading Division invests and buys and sells a portfolio of securities and bonds.The above content is compiled by Securities Star according to public information, if you have any questions, please contact us.