Oshidori International Expects Return to Profit in H1

MT Newswires Live
Aug 13

Oshidori International Holdings (HKG:0622) expects a net profit of about HK$85 million for the six months ended June 30, reversing a loss of HK$111.7 million in the same period last year, according to a Tuesday Hong Kong bourse filing.

The turnaround is mainly driven by the share of profits from associates, unrealized fair value gains on financial assets, and the reversal of impairment losses on loan receivables, the filing said.

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