EC Healthcare (HKG:2138) expects an after-tax profit of up to HK$25 million for the year ended March 31, down from HK$107 million a year prior, a Wednesday filing on the Hong Kong bourse said.
The firm attributed the anticipated decline in profit mainly to a rise in interest expenses, operating costs, and depreciation and amortization expenses; a temporary low operation leverage of its newly established service points, and a decrease in government subsidies.
Shares of the non-hospital medical service provider were down 7% in recent trade.
Price (HKD): $1.33, Change: $-0.10, Percent Change: -6.99%
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