ZO Future Group (HKG:2309) expects a loss of around HK$120 million for the six months ended Dec. 31, 2024, up from HK$36.9 million a year prior, a Feb. 14 filing with the Hong Kong bourse said.

The professional football operator attributed the higher anticipated loss mainly to a decrease in broadcasting income, a drop in profit on the sales of players' registration, higher finance costs and operating expenses, and a rise in selling, marketing, and administrative expenses.