Asia Standard International Group Expects Narrower Loss in Fiscal H1

MT Newswires Live
2024-11-20

Asia Standard International Group (HKG:0129) expects to book a loss attributable to shareholders in the range of HK$350 million to HK$420 million for the six months ended Sept. 30, narrower than HK$916 million recorded for the same period last year, a Wednesday Hong Kong bourse filing said.

The Property and financial company attributed the decrease in loss to a reduction in expected credit losses on investment in financial assets.

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