China Castson 81 Finance Forecasts Wider Net Loss in 2024

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China Castson 81 Finance Forecasts Wider Net Loss in 2024

MT Newswires Live02-28

China Castson 81 Finance (HKG:0810) forecasts its net loss to widen to HK$19 million to HK$25 million in 2024 from HK$6.3 million in 2023, according to a Friday filing with the Hong Kong bourse.

The higher forecast for net loss is attributable to a net loss on financial assets at fair value of between HK$9 million and HK$13 billion compared with net gains of HK$13 million in 2023.

The securities investor plans to release full-year results before the end of March.

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