Capital VC Forecasts Turnaround to Full-Year Profit

MT Newswires Live12-19

Capital VC (HKG:2324) expects a net profit of between HK$115 million and HK$140 million for the year ended Sept. 30, compared with a net loss of HK$19.9 million a year prior, a Friday Hong Kong bourse filing said.

The securities investor attributed the forecast to a turnaround in the performance of its listed equity investments from loss to profit.

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