XINDA INV HLDGS issued a profit warning, expecting a loss attributable to shareholders of between 2 million and 5 million yuan in the first half of the year, turning from profit to loss year-on-year
XINDA INV HLDGS issued a profit warning, expecting a loss attributable to shareholders of between HKD 2 million and HKD 5 million in the first half of 2025, compared to a profit of HKD 1.365 million in the same period of 2024. The main reasons include a provision for impairment of trade and other receivables of HKD 6.8 million, as well as other losses of approximately HKD 2 million due to the disposal of certain asset equipment
According to the Zhitong Finance APP, XINDA INV HLDGS (01281) announced that it expects the group to incur a loss attributable to the owners of the company of approximately RMB 2 million to RMB 5 million for the first half of 2025, compared to a profit attributable to the owners of the company of RMB 1.365 million for the six months ended June 30, 2024.
The main reasons for the expected shift from profit to loss include: for the first half of 2025, an impairment provision of approximately RMB 6.8 million will be made for the group's trade and other receivables based on the aging method, and other losses of approximately RMB 2 million due to the disposal of certain asset equipment
