Sing Tao News (HKG:1105) expects an attributable loss of around HK$85 million for the year 2024, up from HK$49 million a year prior, a Tuesday filing with the Hong Kong bourse said.
The magazine and newspaper publisher attributed the wider anticipated loss mainly to the absence of one-off grants from the US government that were received in 2023, as well as a decline in revenue.
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