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Sinolink Worldwide expects attributable profit growth for FY'17

Sinolink Worldwide Holdings Ltd. is anticipating to log attributable profit of at least HK$110.0 million for the year ended Dec. 31, 2017, reversing a recorded attributable loss of HK$245.5 million in the prior year.

The diversified real estate company is attributing the growth in earnings to an associate's increase in profit share primarily from exchange gains of at least HK$60.0 million for 2017, an at least HK$140.0 million decrease in impairment loss from associates and a turnaround on impairment loss on property, plant and equipment of at least HK$50.0 million.