Hang Tai Yue Group (08081.HK) announced on August 21 that the group is expected to record a loss of not less than 23 million Hong Kong dollars for the six months ending June 30, 2024, while recording a profit of approximately 46.664 million Hong Kong dollars for the six months ending June 30, 2023. This is mainly due to the group recognizing income of approximately 72.145 million Hong Kong dollars for the six months ending June 30, 2023, as the group considered selling a wholly-owned subsidiary company Tracing Information Technology (Shanghai) Co., Ltd. on May 31, 2023, while there is no related income for the six months ending June 30, 2024.