Asia
Lisi Group Forecasts Higher Full-Year Profit
Lisi Group (HKG:0526) expects a net profit of at least 115 million yuan for the year ended March 31, up from 35.7 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.The household product maker attributed the forecast to a decline in a valuation loss from the revaluation of investment properties, as well as lower impairment losses on financial and contract assets.
HKG:0526
