YNBY International (HKG:0030) expects an attributable profit of between HK$1 million and HK$2 million for the six months period ended June 30, down from HK$18.5 million in the year-ago period, according to a Tuesday bourse filing.
The financial services provider attributed the decline in profit mainly to a decrease in segment profit due to a narrower gross profit margin in the trading of goods and commodities wing, as well as higher general and administrative expenses.
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