Asia
Most Kwai Chung Warns of Lower Fiscal-Year Profit
Most Kwai Chung (HKG:1716) expects an attributable profit of up to HK$2 million for the year ended March 31, down from HK$6.1 million a year prior, according to a Monday filing with the Hong Kong bourse.The advertising and media services company attributed the forecast to the absence of a fair value gain from the acquisition of 31% interest in To Be Honest as was seen in the previous period, as well as higher staff costs.
HKG:1716