Wonderful Sky Financial Group (01260.HK) issued a profit warning, and it is expected that the fiscal year ending in March will have a deficit of no less than 65 million yuan, compared with a profit of 27.2 million yuan in the previous year. This is mainly due to the slow recovery of the Hong Kong IPO market, which resulted in a reduction in revenue; depreciation of the RMB against the HKD, resulting in exchange losses; an increase in impairment losses of financial assets; and an increase in losses on confirmation of debt instruments.
《盈警》皓天財經集團(01260.HK)估計全年轉虧不少於6,500萬元
Wonderful Sky Financial Group (01260.HK) is estimated to incur a loss of no less than 65 million yuan for the whole year according to 'Yingjing'.
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