MIN XIN HOLD announced a profit warning, expecting the profit attributable to shareholders for the first half of the year to be approximately HKD 60 million to 70 million, an increase of about 80%-110% year-on-year
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MIN XIN HOLD expects that the shareholders' attributable profit for the first half of the year ending June 30, 2025, will be approximately HKD 60 million to 70 million, representing a year-on-year increase of about 80% to 110%. The growth is mainly attributed to the exchange gains resulting from the appreciation of the Renminbi against the Hong Kong Dollar, as well as a one-time exchange loss incurred in the same period of 2024 due to the reduction of paid-in capital by a microfinance company in the San Yuan District of Sanming City
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