Asia
Starlite Holdings Expects Full-Year Loss to Widen
Starlite Holdings (HKG:0403) expects a loss attributable to shareholders of no more than HK$107 million for the year ended March 31, widening from a loss of about HK$27 million a year earlier, according to a Thursday Hong Kong bourse filing.The company attributed the downbeat forecast to a sharp decline in revenue amid weaker orders from packaging and U.S. customers, as well as impairment losses on property, plant, and equipment and right-of-use assets.
HKG:0403
