Shunten Intl (00932.HK) issued a profit warning, forecasting a net profit of 2 million yuan to a loss of 2 million yuan for the fiscal year ending in March, compared to a net profit of 41 million yuan in the previous year. This was mainly due to a decrease in the fair value of investment properties by approximately 15 million yuan; an increase in designated counter rental in a well-known retail chain distributor store; an increase in commission expenses; absence of one-time subsidy from Hong Kong government's "Employment Support Scheme"; and an increase in financing costs.
《盈警》順騰國際(00932.HK)業績倒退 年度可能轉虧
Yingtai International (00932.HK) had a setback in performance and may turn losses for the year according to the Profit Warning.
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