Asia
HPC Expects Profit to Fall in Fiscal H1
HPC Holdings (HKG:1742) expects to post a net profit of about SG$9.3 million for the six months ended April 30, compared with a net profit of about SG$31.3 million a year earlier, according to a Monday Hong Kong bourse filing.The company attributed the underlying improvement to the execution of a strong order book accumulated last year and to higher construction activity, as more ongoing projects entered their peak phase.
HKG:1742