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Stelux Holdings International (HKG:0084) expects a net loss attributable to equity holders in a range of HK$50 million to HK$70 million for the six months ended Sept. 30, compared to a consolidated net loss of HK$29.9 million in the previous year, according to a Monday filing with the Hong Kong bourse.
The company expects up to 20% reduction in the first half revenue compared with the prior year.
The watch retailer is expected to publish its first half results at the end of November.
The company's stocks were up by 5% at Monday's closing.
Price (HKD): $0.10, Change: $+0.0050, Percent Change: +5.43%