HK's DL Holdings at over 4-year high as co expects to swing to profit

** Shares of apparel products distributor and financial services provider DL Holdings Group Ltd rise as much as 14% to HK$4.30, their highest since March 2017, on course for a third consecutive session of gains

** Stock on track for best day since May 12

** Co expects to record a net profit before income tax of not less than HK$200 mln ($25.8 mln) for the fiscal year ended March 31, from a net loss before income tax of HK$51.9 mln a year ago

** Says the turnaround from net loss was mainly due to expansion of its existing business into the provision of financial services and investment business

** The Hong Kong Hang Seng consumer goods and services index

edges up 0.2, and the Hang Seng Finance Index falls 1.4%

** The benchmark Hang Seng index slips 0.7%

** As of last close, stock up 45% this year