New Provenance Everlasting (HKG:2326) expects a loss attributable to owners of HK$3.8 million to HK$8.0 million for the year ended March 31, compared with a loss of HK$45.9 million in the previous fiscal year, according to a Thursday filing with the Hong Kong Stock Exchange.
The company attributed the improvement to a turnaround from a gross loss to a gross profit and the absence of impairment losses on property, plant, and equipment and right-of-use assets.
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