OCI Intl (00329) fell 5% after warning of profit decline. As of press time, it fell 5%, to HKD 0.76, with a turnover of HKD 1.4707 million.
According to the Zhītōng Cáijīng APP, OCI Intl (00329) fell 5% after warning of profit decline. As of press time, it fell 5%, to HKD 0.76, with a turnover of HKD 1.4707 million.
OCI Intl announced that the group expects to achieve a unaudited comprehensive net loss of approximately HKD 15.5 million to HKD 16.5 million for the interim financial period ending June 30, 2024, and incurred an unaudited comprehensive net loss of approximately HKD 0.581 million for the corresponding interim financial period ending June 30, 2023. The increase in net loss is mainly due to the recognition of fair value net loss of financial assets included in the income statement of approximately HKD 16.7 million during the current period, while the fair value net income for the corresponding period was approximately HKD 3.9 million.
According to the announcement, the increase in net loss is mainly due to the recognition of fair value net loss of financial assets included in the income statement of approximately HKD 16.7 million during the current period, while the fair value net income for the corresponding period was approximately HKD 3.9 million.