New Century Group Hong Kong (HKG:0234) expects an attributable loss of up to HK$20 million for the six months ended Sept. 30, up from HK$4 million a year prior, a Wednesday Hong Kong bourse filing said.
The firm attributed the forecast to a lower profit from the money lending business wing, higher fair value losses on its investment properties, and a drop in fair value gains and dividend income from listed equity investments.
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