"Profit Warning" STYLAND HOLD forecasts a mid-term loss narrowed to 9.58 million yuan

STYLAND HOLD (00211.HK) issued a profit warning, expecting a loss of approximately HKD 9.58 million for the six months ending in September, compared to a loss of HKD 18.02 million in the same period last year. The reduction in loss is mainly due to increased revenue; an increase in the fair value changes of financial assets; and a decrease in financing costs, although this was partially offset by an increase in selling and distribution costs