Quam Announces Its 2010 Interim Results (Financial Report)
ACN Newswire 2010, Nov 29
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Publisher Description
Hong Kong, Nov 29, 2010 - (ACN Newswire) - Quam Limited ("Quam" or the "Group", Stock Code: 00952.hk), a prominent Hong Kong-based financial services group, announced its unaudited interim results for the six months ended 30 September 2010 (the "Period"). During the Period, Quam reported aprofit before share of results of associates and jointly controlled entitles of HK$1.5 million, while a consolidated loss of HK$3.7 (2009: profit of HK$15.7 million). The share of losses associated with the Group's Dubai investment in McMillen Advantage Capital Limited and the Suzhou Private Equity was HK$5.2 million (2009: share of profit of HK$0.4 million). The Group's revenue for the Period adjusted 14.4% to HK$127.3 (2009: HK$148.8 million). Basic loss per share were HK0.39 cent (2009: basic earnings per share HK2.03 cents).