Fulum Group (HKG:1443) expects a loss attributable to the owners of about HK$40 million to HK$50 million for the six months ended Sept. 30, compared with a profit of HK$1.9 million in the corresponding period of the previous year, according to a Friday filing with the Hong Kong bourse.

The Chinese restaurant company attributed the expected loss to tough business conditions impacting spending habits.

The company plans to publish its interim results by the end of November.