Top Form International (HKG:0333) expects a net loss of up to HK$16 million for the six months ended Dec. 31, 2024, wider from a net loss of HK$9.5 million a year prior, a Tuesday bourse filing by the ladies' intimate apparel maker said.

The firm attributed the wider anticipated loss mainly to the temporary operation suspension, as well as additional manufacturing costs and subcontracting charges leading to a lower gross profit, and higher selling and distribution expenses.

The company's shares were down 2% recently.

Price (HKD): $0.28, Change: $-0.0050, Percent Change: -1.75%