ZHONG HUA INT'L expects a mid-term net profit of approximately HKD 40 million

Zhitong
2025.08.22 13:09
portai
I'm PortAI, I can summarize articles.

ZHONG HUA INT'L expects to achieve a net profit of approximately HKD 40 million within the six months ending June 30, 2025, an improvement compared to a net loss of HKD 31 million in the same period of 2024. The main reason for the turnaround from loss to profit is the fair value gain of approximately HKD 40 million on equity investments obtained during this period, primarily influenced by the appreciation of the Renminbi. This gain is a non-cash transaction and is recognized as unrealized income