Artgo Holdings (HKG:3313) expects a net loss of approximately 24.5 million yuan for the six months ended June 30, which is narrower than the 40.4 million yuan loss a year prior, a Thursday bourse filing said.
The marble stone miner attributed the anticipated decline in loss mainly to the reduction of expected impairment on trade and bills receivables, higher other income and gains, and lower financial costs.
Shares of the company closed 1% higher on Thursday.
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