Agile Group (HKG:3383) is expecting to book an attributable net loss in the range of 9.3 million yuan to 9.8 million yuan for the six months ended June 30, according to a filing with the Singapore Exchange on Tuesday.
In the year-ago period, the company booked a net loss of 4.48 billion yuan.
The company attributed the anticipated loss to an unfavorable real estate business environment and impairment loss on property projects.
Shares of the company were down more than 3% in recent trading.
Price (HKD): $0.43, Change: $-0.015, Percent Change: -3.41%
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