Asia
Lumina Group Forecasts Turnaround to Full-Year Profit
Lumina Group (HKG:1162) expects an attributable profit of HK$1.5 million for the year ended March 31, compared with an attributable loss of HK$13.6 million a year prior, according to a Friday Hong Kong bourse filing.The building fire safety services provider attributed the forecast to a higher revenue from newly awarded large projects from fire safety system installation services, a rise in gross profit, an increase in the fair value of financial assets, and a drop in administrative expenses.
HKG:1162
