Asia
Reliance Global Forecasts Turnaround to Fiscal-Year Profit
Reliance Global (HKG:0723) expects attributable profit of up to HK$45 million for the year ended March 31, compared with a loss of HK$17 million a year prior, according to a Thursday Hong Kong bourse filing.The forest-product and lending company attributed the forecast to a net fair value gain on financial assets and net gain on the disposal/redemption of financial assets at fair value through profit and loss.
HKG:0723
