PT International Development (HKG:0372) expects a loss of at least HK$48 million for the six months ended Sept. 30, compared with a profit of HK$340 million a year ago.
The company attributed the forecast to an unrealized fair value loss in the group's investment in AFC Mercury Fund, according to a Thursday filing with the Hong Kong bourse.
The trading business plans to publish its interim results later this month.
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