Crown International (HKG:0727) expects an attributable loss of between HK$32 million and HK$36 million for the six months ended Sept. 30, up from HK$2 million a year prior, a Monday Hong Kong bourse filing said.
The property developer attributed the forecast to a rise in the operating and marketing expense related to the trading of premium white spirit, as well as an impairment loss recognized in the period.