BBMG (HKG:2009) said it expects its H1 loss to widen year over year, according to a Hong Kong bourse filing Monday.
Shares of the building materials seller fell nearly 7% in morning trade Tuesday.
The company expects an attributable loss of 1.3 billion yuan to 1.6 billion yuan for the six months ended June 30, widening from 806.7 million yuan in losses posted in the same period last year.
BBMG said it will announce its financial results in August.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.