Cinda International (HKG:0111) expects a net profit of between HK$8 million and HK$12 million for the year 2024, compared with a post-tax attributable loss of HK$12.85 million a year prior, a Monday bourse filing said.

The asset management services provider attributed the anticipated turnaround to profit mainly to a rise in revenue from the corporate finance segment and a drop in total operating expenses.

Price (HKD): $0.25, Change: $-0.0040, Percent Change: -1.60%