Crown International (HKG:0727) forecasts its consolidated attributable loss to narrow to between HK$1 million and HK$2 million in the half-year ended Sept. 30 from HK$55.7 million in the year-ago period, according to a Monday filing with the Hong Kong Exchange.

The lower loss is attributable to a HK$48.7 million decline in interst expenses, the filing said.

The property developer plans to release fiscal first-half resutls on Nov. 29.

Shares jumped 2% during Monday's trading.