Pak Fah Yeow International (HKG:0239) expects to report HK$78 million in net profit attributable to the owners for 2024, lower than HK$105 million in 2023, a Wednesday Hong Kong bourse filing said.
The healthcare products company attributed the expected decrease to a decline in the group's revenue and an increase in unrealized fair value loss on investment properties, partially offset by reduced tax expenses resulting from lower taxable profit.
The company will report its annual results by the end of March 2025.