Chuang's Consortium Forecasts Narrower Fiscal H1 Loss

MT Newswires Live
11/07

Chuang's Consortium International (HKG:0367) expects to narrow its attributable loss for the six months ended Sept. 30 to between HK$225 million and HK$265 million from HK$293 million a year prior, a Friday Hong Kong bourse filing said.

The property and hotel business company attributed the forecast to a lower fair value loss of investment properties and a decline in the impairment provision for properties for or under development.

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