01:58 AM EST, 01/20/2022 (MT Newswires) -- China Shenshan Orchard (SGX:BKV) expects to record a net profit for the 18 months ended Dec. 31, 2021, mainly due to a non-recurring gain from the acquisition of Great Resolute.
The company also attributed the expected profit to a non-recurring gain from the disposal of Sea Will International and the operating profit recorded from the kiwifruit business, according to a Wednesday bourse disclosure.
The kiwifruits producer in May last year changed its financial year-end from June 30 to Dec. 31.
China Shenshan Orchard's shares were up nearly 2% recently.
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