trending Market Intelligence /marketintelligence/en/news-insights/trending/vod8iks5sknkjm8khv7fww2 content esgSubNav
In This List

Road King expects minimum 200% YOY hike in H1 net profit

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


Road King expects minimum 200% YOY hike in H1 net profit

Road King Infrastructure projected it would record a surge of at least 200% in its consolidated net profit for the six months ended June 30, from the approximately HK$374.6 million registered in the first half of 2017.

The company cited the increase in the average selling price and total gross floor area of properties that it delivered during the 2018 half year as the primary reason for the expected increase in consolidated net profit.

Road King's consolidated interim results are scheduled to be announced in August.