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Amber Hill Forecasts Swing to Profit in Fiscal H1

MT Newswires ·  {{timeTz}}

12:44 AM EST, 02/14/2022 (MT Newswires) -- Amber Hill Financial Holdings (HKG:0033) expects to turn to over HK$40 million in profit attributable to its equity holders in the fiscal six months ended Dec. 31, 2021, from a net loss of HK$14.5 million ($5.1 million) in the prior year, according to a late Friday filing.

The securities broker attributed the upbeat outlook to a HK$46 million revenue posted by its investment business from performance fee and related services.

Shares lost over 1% recently.

Price (HKD): $1.58, Change: $-0.02, Percent Change: -1.25%

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