Asia Allied Infrastructure Holdings (HKG:0711) expects a maximum net loss of HK$270 million for the six months ended Sept. 30, against an attributable net profit of HK$68 million logged for the same period last year, a Thursday Hong Kong bourse filing said.

The construction engineering company attributed the swing to loss to the absence of a gain from a disposal of leasehold land that was present during the corresponding period last year, and a write-off on certain contract assets of certain projects during the reviewing period.