Universal Health International Group (HKG:2211) said it expects to post a loss for the fiscal year ended June 30, according to a Hong Kong bourse filing Monday.
Shares of the pharmaceutical drug distributor gained over 3% in afternoon trade Tuesday.
THe firm expects a loss of at least 25.7 million yuan, compared with a profit of 600,000 yuan in the prior fiscal year.
The company expects to publish its financial results by the end of September.
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