Kingkey Financial International (Holdings) (HKG:1468) expects a net profit of about HK$2.5 million for the six months ended Sept. 30, compared with HK$66.5 for the corresponding period of the previous year, according to a Monday filing with the Hong Kong bourse.
The company attributed the expected net profit to a one-time fair value adjustment of about HK$117.7 million from acquiring FGA Holdings and its subsidiaries.
The security brokerage services company plans to publish its financial results on Nov. 27.
The company's shares were up over 1% in the recent trading.
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