Wang On Group (HKG:1222) expects an attributable loss of up to HK$360 million for the six months ended Sept. 30, compared with an attributable profit of HK$85.8 million a year prior, a Monday Hong Kong bourse filing said.

The property developer attributed the forecast to a disposal loss, a decline in the share of profits of joint ventures, a lower gross profit, and realized losses arising from the disposal of debt investments at fair value through other comprehensive income.