According to the Zhitong Finance App, Hong Kong Food Investment (00060) issued an announcement. It is expected that the Group will lose between HK$5 million to HK$8 million for the six months ending September 30, 2023, and profit attributable to the company's equity owners of about HK$9 million in the same period last year.

The loss in expected performance is mainly due to an increase of about HK$4 million in fair value losses from the company's financial assets over the same period last year; and the combined impact of the expected decrease in profits attributable to associated companies for the six months ending September 30, 2023.