Asia
China National Culture Expects Swing to Full-Year Profit
China National Culture Group (HKG:0745) said it expects HK$13.3 million in attributable profit for the fiscal year ended March 31, a turnaround from the HK$4.8 million loss booked a year earlier, according to a Monday filing with the Hong Kong bourse.The reversal was primarily attributable to a HK$15.4 million gain on financial assets held for trading.The company's annual results are due on June 30.
HKG:0745
