"Profit Alert" ZHONG HUA INT'L expects to earn 40 million yuan in the first half of the year, turning a loss into a profit

ZHONG HUA INT'L (01064.HK) issued a profit warning, expecting a profit of approximately HKD 40 million for the six months ending in June, compared to a loss of HKD 31 million in the same period last year. The turnaround from loss to profit is mainly attributed to a fair value gain of approximately HKD 40 million from an equity investment in a physical entity