XinKong International Capital (HKG:0993) expects its net loss for the year 2025 to rise by 210% year over year, according to a Friday Hong Kong bourse filing.
Shares of the financial services company were down 6% in Monday afternoon trading.
The firm attributed the forecast to a lower revenue, a drop in the value of financial assets at fair value through profit or loss, and the provision of a significant impairment loss for a loan.
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