"Profit Warning" SMIT estimates a half-year loss of no more than 16 million USD
SMIT (02239.HK) issued a profit warning, expecting a loss of no more than USD 16 million for the six months ending in June, compared to a profit of USD 15.1 million in the same period last year. The loss is mainly attributed to the group's share of losses from associates and a revaluation loss of approximately USD 13 million for an invested company measured at fair value
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