Finance and Economics APP News, i-control (01402) announced that the group is expected to incur a net loss of approximately 140 million Hong Kong dollars to 180 million Hong Kong dollars for the period ending on September 30, 2024, while for the period ending on September 30, 2023 (excluding other comprehensive expenses and impairment assessments), a net loss of approximately 30 million Hong Kong dollars was incurred. The board of directors believes that the expected increase in net loss is mainly due to impairment losses on loans to invested companies, a decrease in operating gross profit, and losses from the sale of certain subsidiaries announced and completed in August 2024.