Hong Kong Food Investment (00060) announced that the Group expects the six months ending September 30, 2023 to belong to...
According to the Zhitong Finance App, Hong Kong Food Investment (00060) issued an announcement. It is expected that the Group will lose between HK$5 million to HK$8 million for the six months ending September 30, 2023, and profit attributable to the company's equity owners of about HK$9 million in the same period last year.
The loss in expected performance is mainly due to an increase of about HK$4 million in fair value losses from the company's financial assets over the same period last year; and the combined impact of the expected decrease in profits attributable to associated companies for the six months ending September 30, 2023.