HBFX: Expected net loss of 600 million to 850 million yuan in the first half of 2025

HBFX announced that it expects a net loss attributable to shareholders of the listed company of 600 million to 850 million yuan from January 1, 2025, to June 30, 2025, a year-on-year decrease of 1,670.28% to 2,324.57%; the net loss after deducting non-recurring gains and losses is expected to be 500 million to 750 million yuan, a year-on-year decrease of 875.09% to 1,262.64%; the basic earnings per share loss is expected to be 0.3767 yuan/share to 0.5336 yuan/share. The main reasons for the changes compared to the same period last year are mainly due to a decrease in settlement income, an increase in asset impairment losses, and losses from changes in fair value during the reporting period