Asia
Chuang's China Investments Forecasts Narrower Full-Year Loss
Chuang's China Investments (HKG:0298) expects to narrow its attributable loss to between HK$50 million and HK$80 million for the year ended March 31 from HK$395 million a year prior, according to a Monday Hong Kong bourse filing.The property developer attributed the forecast to a decline in the fair value loss of investment properties, as well as the absence of an impairment provision for properties for/under development and a development site at Anshan, China.
HKG:0298
