Reliance Global to Widen Full-Year Loss

MT Newswires Live
20 Jun

Reliance Global (HKG:0723) expects an attributable loss of up to HK$18 million for the year ended March 31, up from HK$4.5 million a year prior, a Friday Hong Kong bourse filing said.

The timber and wooden products seller attributed the higher anticipated loss mainly to a loss from its timber supply chain and money lending operations.

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