CSC (HKG:0235, SGX:C06) expects an attributable profit of at least HK$3 million for the year 2024, down from HK$27 million a year prior, a Thursday filing with the Hong Kong bourse said.

The engineering services provider attributed the lower anticipated profit mainly to the provision for impairment loss on loan receivables and the recognition of an income tax expense compared with income tax credit in 2023.