Reliance Global (HKG:0723) expects an attributable profit of up to HK$5 million for the six months ended Sept. 30, compared with a loss of HK$8.9 million a year prior, a Thursday Hong Kong bourse filing said.
The forest-products and lending firm attributed the forecast to a loss from the timber supply chain and money lending business wings, as well as a net fair value gain on financial assets and net gain on the disposal of financial assets at fair value through profit and loss.