Crosstec (HKG:3893) expects a net loss of between HK$27 million and HK$29.9 million for the year ended June 30, up from HK$13 million a year prior, a Friday Hong Kong bourse filing said.
The interior design company attributed the forecast to a lower gross profit, a decline in gain on an early lease termination, the absence of a gain on waiver of trade payables, and higher finance costs.
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