"Profit Alert" PLANETREE INT'L forecasts a half-year pre-tax profit of HKD 99.4 million

PLANETREE INT'L (00613.HK) issued a profit warning, expecting a pre-tax profit of approximately HKD 99.4 million for the six months ending in June, compared to a pre-tax loss of HKD 94.2 million in the same period last year. The profit during the period mainly comes from net unrealized gains on financial assets of approximately HKD 33.7 million; fair value changes in equity investments of approximately HKD 45.4 million; reversal of impairment losses on receivable margin loans of HKD 36.5 million; and share of profits from associates of approximately HKD 39.2 million