Huasheng International (HKG:1323) expects an attributable loss of at least HK$41 million for the six months ended Sept. 30, up from HK$24.4 million a year prior, a Friday Hong Kong bourse filing said.
The concrete producer and seller attributed the forecast to a lower revenue amid a decline in the demand for ready-mixed commercial concrete products, a drop of gross profit, and a higher share of loss from associates.
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