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KVB Kunlun Issues Forward Guidance: Profits to Rise at Least 250%

Posted: Mon Feb 01, 2016 1:23 pm
by kreslik.news

KVB Kunlun Financial Group Limited has issued a forward guidance statement to its shareholders, portending a sizable boost to its profits for the year ending December 31, 2015, which was estimated in the triple digits.

The profit figure is based in part on a preliminary review by KVB Kunlun’s Board of Directors, which estimates that profit attributable to equity holders during the aforementioned time period would exceed 250.0% YoY relative to the fiscal year ending December 31, 2014.

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The announcement is KVB Kunlun’s latest snapshot of the group’s financials since it ... (read more)