Ajisen (China) Holdings (HKG:0538) expects to record a maximum loss attributable to owners of 20 million yuan for the six months ended June 30 against a profit of 133.1 million yuan from the same period last year, a Friday filing with the Hong Kong Exchange said.
The restaurant operator attributed the turn-to loss to a decline in store traffic and a weak property market during the period.
The company's shares were down over 19% in recent trade.
Price (HKD): $0.78, Change: $-0.20, Percent Change: -20.41%
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