{"id":283074,"date":"2018-08-24T17:27:52","date_gmt":"2018-08-24T07:27:52","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=283074"},"modified":"2018-08-24T17:27:52","modified_gmt":"2018-08-24T07:27:52","slug":"ipi-warns-of-profit-decrease","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/ipi-warns-of-profit-decrease\/","title":{"rendered":"IPI warns of profit decrease"},"content":{"rendered":"<p>Imperial Pacific International Holdings Ltd. filed a profit warning announcement yesterday at\u00a0the Hong Kong\u00a0Stock Exchange, where the company told shareholders that it expects a decrease in its earnings that ended June of this year.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;The board wishes to inform shareholders and potential investors\u00a0that, based on the information currently available to the board, the group is expected to record a substantial decrease in profit for the six months ended 30 June 2018, as compared with the profit for the corresponding period in 2017,&#8221; said IPI Holdings Ltd. executive director Teng Sio I in the filing.<\/p>\n<p>&nbsp;<\/p>\n<p>IPI Holdings is the parent company of Imperial Pacific\u00a0International (CNMI) LLC, which is one of the subsidiaries of the Hong Kong-based Chinese investment holding company.<\/p>\n<p>&nbsp;<\/p>\n<p>KSPN News in the Marianas posted the profit warning on its website.<\/p>\n<p>&nbsp;<\/p>\n<p>IPI Holdings&#8217; stock price dropped by 0.005 from 0.077 to 0.072 in mid-afternoon trading at\u00a0the SEHK.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imperial Pacific International Holdings Ltd. filed a profit warning announcement yesterday at\u00a0the Hong Kong\u00a0Stock Exchange,&#8230;<\/p>\n","protected":false},"author":48,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1355],"tags":[22464,12497,22465],"class_list":["post-283074","post","type-post","status-publish","format-standard","hentry","category-breaking-news","tag-hong-kong-based-chinese","tag-ipi","tag-sehk"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/283074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=283074"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/283074\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=283074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=283074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=283074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}