The increased income from financial investments is expected to raise the net profit of Kingston Financial Group for the period of the six months ended September 2015. The announcement was published yesterday by the company in a positive profit alert with the Hong Kong Stock Exchange. The Hong Kong listed company runs Macau casinos Casa Real and Grandview and in last year’s interim report recorded a net profit of HK$579.02 million. ‘Such a significant increase was primarily attributable to, among other factors, the increase in income from securities brokerage, underwriting and placements, margin and IPO financing business’, the company explained.
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