QPL International Holdings (HKG:0243) expects a consolidated profit between HK$9 million and HK$12 million for the six months ended Oct. 31, against a consolidated net loss of HK$20.3 million logged for the same period last year, a Thursday Hong Kong bourse filing said.

The integrated circuit products company attributed the turnaround to an unaudited net fair value gain on financial assets during the reporting period compared with a net fair value loss recorded for the same period a year ago.

The shares of the company closed over 3% lower on Thursday.

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