HK Food Inv (00060.HK) issued a profit warning and is expected to incur a loss of between 18 million and 22 million yuan for the fiscal year ending in March, compared to a surplus of 1 million yuan in the previous year. This is mainly due to the economic downturn, increased cross-border consumption from the north and asset write-downs affecting operating income and leading to increased losses in the dining business.
《盈警》香港食品投資(00060.HK)估計全年轉虧最多2,200萬元
The Hong Kong food investment (00060.HK) is estimated to have a maximum loss of 22 million yuan for the whole year according to the profit warning.
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