ESun Holdings (HKG:0571) expects a decline of at least 95% in attributable loss for the year ended July 31 from around HK$510.9 million a year prior, a Tuesday Hong Kong bourse filing said.

The entertainment company attributed the forecast to the reversal of impairment, as well as a drop in depreciation, of right-of-use assets and property, plant, and equipment; and a higher gain due to the modification of certain leases.