Twinktek Investment (HKG:6182) expects a net loss of between HK$23 million and HK$27 million for the year ended March 31, compared with a net profit of HK$1.3 million a year prior, according to a Wednesday Hong Kong bourse filing.
The building materials seller attributed the forecast to a lower revenue, additional costs for certain supply and installation projects, and an impairment on properties.
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