SANVO Fine Chemicals Group (HKG:0301) expects a profit attributable to owners of 0.83 million yuan for the six months ended June 30, 95.8% lower than the profit of 19.7 million yuan for the corresponding period in 2023, a Friday filing with the Hong Kong Exchange said.
The company attributed the decrease to the increased staff and related costs resulting from an increase in the staff and workers, and an increase in marketing expenses during the period.
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