
"Profit Warning" IB SETTLEMENT estimates mid-term losses to expand to 112 million yuan
International Business Settlement (00147.HK) issued a profit warning, expecting a loss of approximately HKD 112 million for the six months ending in September, compared to a profit of HKD 65.4 million in the same period last year; revenue is expected to decline by approximately 64% to HKD 107 million. The reason is that there was no revenue generated from the leasing and sales of calculator equipment during the period

