Travel Expert (Asia) Enterprises (HKG:1235) expects an attributable loss of up to HK$500,000 for the six months ended Sept. 30, compared with an attributable profit from continuing operations of HK$3 million a year prior, a Tuesday Hong Kong bourse filing said.
The travel company attributed the forecast to a rise in rental expenses and staff costs, higher consultancy fees, and lower revenue and gross profit from the sales of travel-related products.