China Castson 81 Finance Warns of Swing to Loss in H1

MT Newswires Live08-12

China Castson 81 Finance (HKG:0810) expects a net loss of between HK$12 million and HK$16 million for the six months ended June 30, compared with a net profit of HK$7.6 million a year prior, an Aug. 9 Hong Kong bourse filing said.

The securities investor attributed the anticipated loss mainly to a fair value loss on financial assets at fair value through profit and loss in comparison to a gain in the year-ago period.

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