South China Financial Holdings (HKG:0619) expects its attributable loss in 2024 to widen year on year to approximately HK$295 million from HK$139 million, the company said in a Tuesday filing on the Hong Kong Stock Exchange.
The company, which engages in toys, trade, property development and agriculture, attributed the forecast to the unrealized fair value loss on investment properties.
The final results for the period are expected to be published by March 25, the filing said.
The company's shares closed less than 3% higher.
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