(corrects the company name to New Provenance Everlasting in both the headline and lead)
New Provenance Everlasting Holdings (HKG:2326) expects an attributable loss of between HK$45 million and HK$50 million for the year ended March 31, up from HK$30.8 million a year prior, a Monday Hong Kong bourse filing said.
The metal minerals company attributed the wider loss mainly to lower revenue and gross profit, a write-down on inventories, and impairment of property, plant, equipment, and right-of-use assets.