--- title: "CHINAHEALTHWISE issues a profit warning, expecting mid-term shareholder profit attributable to shareholders to be approximately HKD 100,000 to 2 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/254452560.md" description: "CHINAHEALTHWISE expects its interim profit attributable to shareholders for the period ending June 30, 2025, to be approximately HKD 1 million to HKD 2 million, a significant improvement compared to a loss of HKD 29 million in the same period of 2024. The main reasons for the turnaround in profit include: a reversal of impairment on receivables of approximately HKD 3 million, a reduction in administrative expenses to approximately HKD 8 million, and unrealized fair value gains on financial assets of approximately HKD 12 million" datetime: "2025-08-25T12:50:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/254452560.md) - [en](https://longbridge.com/en/news/254452560.md) - [zh-HK](https://longbridge.com/zh-HK/news/254452560.md) --- # CHINAHEALTHWISE issues a profit warning, expecting mid-term shareholder profit attributable to shareholders to be approximately HKD 100,000 to 2 million According to the announcement from CHINAHEALTHWISE (00348), the group expects to achieve a profit attributable to the owners of the company ranging from approximately HKD 100,000 to HKD 2 million for the six months ending June 30, 2025, while it recorded a loss attributable to the owners of the company of approximately HKD 29 million for the six months ending June 30, 2024. The turnaround from loss to profit for the owners of the company is mainly due to (1) a reversal of impairment losses of approximately HKD 3 million recognized on receivable loans under the expected credit loss model during the first half of 2025, compared to an impairment loss of approximately HKD 6 million during the first half of 2024; (2) general and administrative expenses decreased from approximately HKD 18 million in the first half of 2024 to approximately HKD 8 million in the first half of 2025, due to effective cost-saving measures implemented by the group during the first half of 2025; (3) unrealized fair value gains on financial assets measured at fair value through profit or loss amounted to approximately HKD 12 million in the first half of 2025, compared to unrealized fair value losses of approximately HKD 5 million in the first half of 2024 ### Related Stocks - [00348.HK](https://longbridge.com/en/quote/00348.HK.md) ## Related News & Research - [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md) - [China XLX Announces 2026 Q1 Results | CXLFF Stock News](https://longbridge.com/en/news/286673637.md) - [Cotton Falling Back to Start Turnaround Tuesday Trade](https://longbridge.com/en/news/286913130.md) - [NYC Health and Hospitals says hackers stole medical data and fingerprints during breach affecting at least 1.8 million people](https://longbridge.com/en/news/286799449.md) - [China Travel International Expands Tourism Footprint with New Resorts and Qinghai Joint Venture](https://longbridge.com/en/news/286671362.md)