Telecom Digital (HKG:6033) expects an attributable profit of at least HK$3.9 million for the six months ended Sept. 30, down from HK$22.8 million a year prior, a Tuesday Hong Kong bourse filing said.

The telecommunications company attributed the forecast to a lower gross profit; a decline in the recognition of a fair value gain on financial assets and derivative; and a drop in staff and finance costs alongside lower operating and income tax expenses.