Most Kwai Chung (HKG:1716) expects an attributable profit of up to HK$2 million for the year ended March 31, down from HK$6.1 million a year prior, according to a Monday filing with the Hong Kong bourse.
The advertising and media services company attributed the forecast to the absence of a fair value gain from the acquisition of 31% interest in To Be Honest as was seen in the previous period, as well as higher staff costs.
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