Shunten International Forecasts Narrower Fiscal-Year Loss

MT Newswires Live
Yesterday

Shunten International (HKG:0932) expects an attributable loss of between HK$24 million and HK$29 million for the year ended March 31, compared with a loss of HK$36 million a year prior, according to a Monday Hong Kong bourse filing.

The health supplements distributor attributed the forecast to a lower gross profit and a decline in the fair value loss on investment properties.

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