FAR International Holdings Group (HKG:2516) expects an attributable loss of between 10 million yuan and 20 million yuan in the first half of 2025, compared with a profit of 38 million yuan a year prior, a Friday Hong Kong bourse filing said.

The e-commerce logistics service provider attributed the forecast to a decline in revenue, higher impairment losses on trade and other receivables, and a rise in goodwill impairment losses from an operating subsidiary.