The Pacific Securities Co.Ltd(601099) bar (08432) is expected to turn from loss to profit year-on-year in the first nine months to no less than HK $2.5 million

Zhitong finance app news, The Pacific Securities Co.Ltd(601099) bar (08432) announced that the Group expects to make a net profit of no less than HK $2.5 million for the nine months ended December 31, 2021, while a net loss of about HK $4.3 million for the nine months ended December 31, 2020.

According to the announcement, the expected net profit during the reporting period is mainly due to the substantial recovery of income for the three months ended December 31, 2021, reaching about HK $44.7 million for the three months ended December 31, 2021, while the income for the three months ended December 31, 2020 before the spread of covid-19 pneumonia (covid-19) was about HK $19.4 million.

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