Starlite (HKG:0403) expects an attributable loss of up to HK$30 million for the six months ended Sept. 30, compared with an attributable profit of HK$7 million a year prior, a Tuesday Hong Kong bourse filing said.
The designer and manufacturer of printed packaging attributed the forecast to a significantly lower revenue, higher losses from the Team Green division and the partial recovery of the firm's production capacity amid the relocation of certain production lines to Malaysia.