Computime Group (HKG:0320) expects a 70% to 80% decline in attributable profit for the year ending March 31 from HK$92.6 million a year prior, according to a Friday Hong Kong bourse filing.

The tech firm attributed the forecast to the absence of a substantial net foreign exchange gain, as was seen in the prior-year period, a boost in business and technology development, and expansion in overseas manufacturing operations.