Solartech International (HKG:1166) expects an attributable loss of between HK$140 million and HK$148 million for the year ended June 30, up from HK$88.5 million a year prior, a Friday Hong Kong bourse filing said.
The industrial component maker attributed the forecast to a lower turnover and gross profit, an impairment loss on the mining right recognized for the period, and a decline in deferred tax credit.
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